Avantis International Equity ETF $AVDE Stake Lifted by McLean Asset Management Corp

McLean Asset Management Corp raised its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 9.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 544,215 shares of the company’s stock after purchasing an additional 46,983 shares during the period. Avantis International Equity ETF comprises 8.1% of McLean Asset Management Corp’s portfolio, making the stock its 2nd biggest position. McLean Asset Management Corp owned 0.31% of Avantis International Equity ETF worth $46,171,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in AVDE. Royal Bank of Canada raised its holdings in shares of Avantis International Equity ETF by 123.9% in the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after acquiring an additional 44,683 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in Avantis International Equity ETF by 49.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after purchasing an additional 2,206 shares during the period. Cetera Investment Advisers increased its position in Avantis International Equity ETF by 22.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock valued at $352,000 after purchasing an additional 868 shares during the period. Baird Financial Group Inc. raised its holdings in shares of Avantis International Equity ETF by 2.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after purchasing an additional 166 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in shares of Avantis International Equity ETF by 48.1% in the 2nd quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after purchasing an additional 1,954 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $88.61 on Monday. The company has a 50 day moving average price of $90.04 and a 200-day moving average price of $87.50. Avantis International Equity ETF has a fifty-two week low of $72.79 and a fifty-two week high of $92.60. The stock has a market capitalization of $15.56 billion, a PE ratio of 14.71 and a beta of 0.77.

Avantis International Equity ETF Profile

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.