Greenwich Wealth Management LLC Raises Stake in Avantis International Equity ETF $AVDE

Greenwich Wealth Management LLC grew its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 25.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 59,999 shares of the company’s stock after purchasing an additional 12,333 shares during the period. Greenwich Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $4,939,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in AVDE. Ameriprise Financial Inc. boosted its position in shares of Avantis International Equity ETF by 357.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after purchasing an additional 3,853,677 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Avantis International Equity ETF by 140.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock worth $321,020,000 after purchasing an additional 2,377,932 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Avantis International Equity ETF by 345.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock worth $208,276,000 after buying an additional 2,046,558 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock valued at $213,301,000 after acquiring an additional 1,552,177 shares during the last quarter. Finally, Mission Wealth Management LP acquired a new stake in Avantis International Equity ETF in the 4th quarter valued at about $119,794,000.

Avantis International Equity ETF Trading Up 0.7%

Shares of NYSEARCA AVDE opened at $91.70 on Wednesday. The stock has a market cap of $16.10 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52 week low of $72.08 and a 52 week high of $92.60. The company’s 50-day moving average price is $88.62 and its 200 day moving average price is $86.20.

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.