1,472,875 Shares of Avantis International Equity ETF $AVDE Bought by Gradient Investments LLC

Gradient Investments LLC bought a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,472,875 shares of the company’s stock, valued at approximately $132,721,000. Avantis International Equity ETF comprises 1.9% of Gradient Investments LLC’s portfolio, making the stock its 6th biggest position. Gradient Investments LLC owned approximately 0.69% of Avantis International Equity ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Team Financial Group LLC lifted its position in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after buying an additional 190 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of Avantis International Equity ETF during the 1st quarter worth approximately $42,000. Angeles Wealth Management LLC increased its holdings in shares of Avantis International Equity ETF by 470.6% during the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock worth $43,000 after acquiring an additional 400 shares during the last quarter. Abound Wealth Management acquired a new position in shares of Avantis International Equity ETF during the 2nd quarter worth approximately $44,000. Finally, Eastern Bank bought a new stake in Avantis International Equity ETF in the 3rd quarter valued at $61,000.

Avantis International Equity ETF Stock Down 0.4%

Shares of AVDE traded down $0.39 during trading hours on Thursday, hitting $89.09. The company had a trading volume of 519,292 shares, compared to its average volume of 1,153,463. The firm has a market cap of $18.96 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. The business has a fifty day moving average of $92.66 and a 200-day moving average of $90.36. Avantis International Equity ETF has a 12 month low of $77.20 and a 12 month 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.