107,882 Avantis International Equity ETF $AVDE Shares Purchased by StrongBox Wealth LLC

StrongBox Wealth LLC boosted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 165.5% in the third quarter, Holdings Channel reports. The fund owned 173,065 shares of the company’s stock after purchasing an additional 107,882 shares during the period. Avantis International Equity ETF accounts for about 4.1% of StrongBox Wealth LLC’s portfolio, making the stock its 2nd biggest position. StrongBox Wealth LLC’s holdings in Avantis International Equity ETF were worth $15,595,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. HB Wealth Management LLC raised its stake in shares of Avantis International Equity ETF by 1.7% during the second quarter. HB Wealth Management LLC now owns 1,693,261 shares of the company’s stock worth $151,039,000 after purchasing an additional 28,334 shares during the last quarter. Waverly Advisors LLC lifted its holdings in shares of Avantis International Equity ETF by 41.4% during the second quarter. Waverly Advisors LLC now owns 1,222,477 shares of the company’s stock worth $109,045,000 after purchasing an additional 357,998 shares during the period. Activest Wealth Management grew its position in Avantis International Equity ETF by 10.8% in the 3rd quarter. Activest Wealth Management now owns 182,992 shares of the company’s stock valued at $16,489,000 after buying an additional 17,808 shares during the last quarter. Pinnacle Associates Ltd. purchased a new position in Avantis International Equity ETF in the 3rd quarter valued at $522,000. Finally, RVW Wealth LLC grew its position in Avantis International Equity ETF by 21.8% in the 3rd quarter. RVW Wealth LLC now owns 356,653 shares of the company’s stock valued at $32,138,000 after buying an additional 63,854 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $88.26 on Friday. The stock has a market capitalization of $19.27 billion, a P/E ratio of 14.71 and a beta of 0.80. The company’s fifty day moving average is $91.02 and its two-hundred day moving average is $89.83. Avantis International Equity ETF has a 1 year low of $77.20 and a 1 year high of $94.82.

Avantis International Equity ETF Company 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.