Bridgewater Advisors Inc. Buys 39,906 Shares of Avantis International Equity ETF $AVDE

Bridgewater Advisors Inc. lifted its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 7.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 551,646 shares of the company’s stock after buying an additional 39,906 shares during the quarter. Avantis International Equity ETF comprises about 3.1% of Bridgewater Advisors Inc.’s holdings, making the stock its 9th biggest holding. Bridgewater Advisors Inc. owned 0.31% of Avantis International Equity ETF worth $50,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Align Financial LLC acquired a new stake in Avantis International Equity ETF during the 4th quarter worth $1,117,525,000. Corient Private Wealth LLC boosted its stake in Avantis International Equity ETF by 61.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after acquiring an additional 2,219,229 shares in the last quarter. LPL Financial LLC boosted 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 valued at $268,904,000 after acquiring an additional 961,586 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Avantis International Equity ETF by 17.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,162,431 shares of the company’s stock worth $260,331,000 after purchasing an additional 458,993 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Avantis International Equity ETF by 5.8% during the first quarter. PNC Financial Services Group Inc. now owns 3,096,165 shares of the company’s stock worth $262,679,000 after purchasing an additional 169,759 shares during the last quarter.

Avantis International Equity ETF Stock Performance

AVDE opened at $89.81 on Friday. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60. The stock has a market capitalization of $17.75 billion, a P/E ratio of 14.71 and a beta of 0.78. The business’s 50-day simple moving average is $89.96 and its 200-day simple moving average is $88.52.

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.