Bridgewater Advisors Inc. Buys 74,501 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Bridgewater Advisors Inc. grew its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 28.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 340,063 shares of the company’s stock after purchasing an additional 74,501 shares during the quarter. Avantis International Equity ETF comprises about 2.2% of Bridgewater Advisors Inc.’s holdings, making the stock its 14th biggest holding. Bridgewater Advisors Inc. owned about 0.49% of Avantis International Equity ETF worth $20,734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AVDE. Global Wealth Strategies & Associates bought a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $32,000. Voisard Asset Management Group Inc. bought a new stake in shares of Avantis International Equity ETF during the 3rd quarter valued at $41,000. NBC Securities Inc. boosted its holdings in shares of Avantis International Equity ETF by 17.6% during the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after buying an additional 220 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Avantis International Equity ETF in the 3rd quarter worth about $106,000. Finally, EnRich Financial Partners LLC increased its stake in shares of Avantis International Equity ETF by 17.4% in the 3rd quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock worth $172,000 after acquiring an additional 380 shares in the last quarter.

Avantis International Equity ETF Trading Up 0.5 %

Avantis International Equity ETF stock opened at $62.15 on Monday. Avantis International Equity ETF has a 12 month low of $58.42 and a 12 month high of $67.83. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The business’s fifty day simple moving average is $62.63 and its two-hundred day simple moving average is $63.90.

About Avantis International Equity ETF

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.