Apella Capital LLC Raises Holdings in Avantis International Equity ETF $AVDE

Apella Capital LLC boosted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 31.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,087,395 shares of the company’s stock after buying an additional 258,788 shares during the period. Avantis International Equity ETF makes up approximately 1.2% of Apella Capital LLC’s holdings, making the stock its 19th largest holding. Apella Capital LLC owned approximately 0.51% of Avantis International Equity ETF worth $97,300,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AVDE. Align Financial LLC bought a new stake in shares of Avantis International Equity ETF during the 4th quarter worth approximately $1,117,525,000. Corient Private Wealth LLC increased its holdings in Avantis International Equity ETF by 61.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after purchasing an additional 2,219,229 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Avantis International Equity ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 5,248,750 shares of the company’s stock valued at $468,190,000 after buying an additional 332,230 shares during the period. Bank of America Corp DE raised its holdings in shares of Avantis International Equity ETF by 32.4% in the 1st quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after purchasing an additional 979,961 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Avantis International Equity ETF by 41.7% in the fourth quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock worth $268,904,000 after buying an additional 961,586 shares in the last quarter.

Avantis International Equity ETF Stock Performance

AVDE stock traded down $0.47 during trading on Thursday, reaching $89.01. 489,614 shares of the company traded hands, compared to its average volume of 1,152,871. Avantis International Equity ETF has a 12 month low of $77.20 and a 12 month high of $94.82. The company has a market capitalization of $18.94 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. The business has a 50 day simple moving average of $92.66 and a 200 day simple moving average of $90.36.

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.