BIP Wealth LLC Trims Stock Position in Avantis All International Markets Equity ETF $AVNM

BIP Wealth LLC trimmed its holdings in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 27.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,342 shares of the company’s stock after selling 1,673 shares during the period. BIP Wealth LLC owned about 0.09% of Avantis All International Markets Equity ETF worth $284,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. XY Planning Network Inc. acquired a new stake in Avantis All International Markets Equity ETF during the 2nd quarter valued at $212,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Avantis All International Markets Equity ETF in the first quarter valued at $241,000. FMB Wealth Management acquired a new stake in shares of Avantis All International Markets Equity ETF during the second quarter valued at $257,000. Cloud Capital Management LLC acquired a new stake in shares of Avantis All International Markets Equity ETF during the first quarter valued at $264,000. Finally, Fortress Wealth Management Inc. purchased a new stake in Avantis All International Markets Equity ETF during the 2nd quarter worth about $270,000.

Avantis All International Markets Equity ETF Trading Up 0.3%

Shares of AVNM stock opened at $71.65 on Friday. The company has a market capitalization of $386.91 million, a price-to-earnings ratio of 13.10 and a beta of 0.59. The firm has a 50-day moving average price of $69.86 and a 200 day moving average price of $65.66. Avantis All International Markets Equity ETF has a twelve month low of $51.41 and a twelve month high of $71.73.

Avantis All International Markets Equity ETF Company Profile

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns.