HB Wealth Management LLC Decreases Holdings in Avantis International Equity ETF $AVDE

HB Wealth Management LLC cut its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 0.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,675,774 shares of the company’s stock after selling 9,082 shares during the quarter. Avantis International Equity ETF accounts for approximately 0.9% of HB Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding. HB Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $137,950,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AVDE. Investment Research & Advisory Group Inc. purchased a new position in Avantis International Equity ETF in the fourth quarter valued at about $48,000. US Bancorp DE purchased a new position in Avantis International Equity ETF in the third quarter valued at about $47,000. Cullen Frost Bankers Inc. purchased a new position in Avantis International Equity ETF in the third quarter valued at about $64,000. Dogwood Wealth Management LLC increased its position in Avantis International Equity ETF by 746.4% in the third quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock worth $122,000 after buying an additional 1,366 shares during the last quarter. Finally, IFP Advisors Inc increased its position in Avantis International Equity ETF by 10.6% in the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after buying an additional 152 shares during the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $89.22 on Thursday. The business has a fifty day simple moving average of $87.72 and a two-hundred day simple moving average of $84.16. Avantis International Equity ETF has a 1 year low of $67.04 and a 1 year high of $92.60. The company has a market capitalization of $15.44 billion, a P/E ratio of 14.71 and a beta of 0.80.

About Avantis International Equity ETF

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.