Grand Wealth Management LLC Boosts Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Grand Wealth Management LLC raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 15.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 268,587 shares of the company’s stock after purchasing an additional 35,324 shares during the period. Avantis International Equity ETF accounts for 9.2% of Grand Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Grand Wealth Management LLC owned approximately 0.39% of Avantis International Equity ETF worth $16,483,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. CIBC Private Wealth Group LLC purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $31,000. Global Wealth Strategies & Associates bought a new stake in shares of Avantis International Equity ETF in the 4th quarter worth $32,000. Nemes Rush Group LLC purchased a new position in shares of Avantis International Equity ETF in the fourth quarter worth $38,000. Life Planning Partners Inc raised its stake in shares of Avantis International Equity ETF by 6,282.9% in the fourth quarter. Life Planning Partners Inc now owns 931,655 shares of the company’s stock worth $57,000 after purchasing an additional 917,059 shares during the last quarter. Finally, Tucker Asset Management LLC bought a new position in shares of Avantis International Equity ETF during the fourth quarter valued at $59,000.

Avantis International Equity ETF Stock Up 0.3 %

Shares of NYSEARCA AVDE opened at $66.57 on Thursday. The firm’s 50-day moving average price is $65.97 and its 200-day moving average price is $64.60. Avantis International Equity ETF has a 52-week low of $59.02 and a 52-week high of $68.81. The company has a market cap of $5.97 billion, a PE ratio of 14.74 and a beta of 0.83.

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.