Avantis International Equity ETF (NYSEARCA:AVDE) Shares Bought by Adero Partners LLC

Adero Partners LLC grew its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 4.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,070,814 shares of the company’s stock after buying an additional 41,626 shares during the period. Avantis International Equity ETF makes up 4.8% of Adero Partners LLC’s portfolio, making the stock its 5th largest position. Adero Partners LLC owned approximately 1.55% of Avantis International Equity ETF worth $71,777,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AVDE. Voisard Asset Management Group Inc. acquired a new position in Avantis International Equity ETF in the 3rd quarter worth $41,000. LRI Investments LLC bought a new stake in Avantis International Equity ETF during the 1st quarter worth about $70,000. NBC Securities Inc. lifted its position in Avantis International Equity ETF by 17.6% during the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after buying an additional 220 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Avantis International Equity ETF during the 1st quarter worth about $192,000. Finally, Sanctuary Advisors LLC bought a new stake in Avantis International Equity ETF during the 2nd quarter worth about $214,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $62.68 on Friday. The company’s 50-day moving average price is $65.15 and its two-hundred day moving average price is $64.32. Avantis International Equity ETF has a one year low of $56.43 and a one year high of $67.83. The stock has a market capitalization of $4.34 billion, a PE ratio of 11.74 and a beta of 0.82.

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.