Ridgeline Wealth LLC Purchases Shares of 21,262 Avantis All Equity Markets ETF (NYSEARCA:AVGE)

Ridgeline Wealth LLC purchased a new position in Avantis All Equity Markets ETF (NYSEARCA:AVGE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,262 shares of the company’s stock, valued at approximately $1,539,000. Avantis All Equity Markets ETF makes up about 1.3% of Ridgeline Wealth LLC’s portfolio, making the stock its 16th largest holding. Ridgeline Wealth LLC owned about 0.42% of Avantis All Equity Markets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of AVGE. Versant Capital Management Inc grew its stake in Avantis All Equity Markets ETF by 272.7% during the 4th quarter. Versant Capital Management Inc now owns 3,749 shares of the company’s stock worth $271,000 after purchasing an additional 2,743 shares in the last quarter. Creative Planning increased its stake in shares of Avantis All Equity Markets ETF by 6.6% during the second quarter. Creative Planning now owns 8,327 shares of the company’s stock worth $577,000 after buying an additional 513 shares during the period. Collaborative Wealth Managment Inc. raised its holdings in Avantis All Equity Markets ETF by 43.8% in the second quarter. Collaborative Wealth Managment Inc. now owns 30,611 shares of the company’s stock valued at $2,122,000 after acquiring an additional 9,325 shares in the last quarter. GEM Asset Management LLC lifted its stake in Avantis All Equity Markets ETF by 8.9% in the third quarter. GEM Asset Management LLC now owns 4,610 shares of the company’s stock worth $339,000 after acquiring an additional 377 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management grew its holdings in Avantis All Equity Markets ETF by 5.8% during the 2nd quarter. Werba Rubin Papier Wealth Management now owns 13,045 shares of the company’s stock worth $904,000 after acquiring an additional 719 shares in the last quarter.

Avantis All Equity Markets ETF Price Performance

Shares of AVGE traded up $0.32 during midday trading on Monday, reaching $73.24. The stock had a trading volume of 65,866 shares, compared to its average volume of 48,255. The company has a market cap of $370.59 million, a price-to-earnings ratio of 12.73 and a beta of 0.94. The company’s fifty day simple moving average is $74.59 and its two-hundred day simple moving average is $72.52. Avantis All Equity Markets ETF has a 1-year low of $62.40 and a 1-year high of $76.92.

Avantis All Equity Markets ETF Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns.