M Wealth Management LLC Makes New Investment in Avantis All Equity Markets Value ETF (NYSEARCA:AVGV)

M Wealth Management LLC bought a new position in shares of Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) during the fourth quarter, HoldingsChannel reports. The firm bought 31,402 shares of the company’s stock, valued at approximately $1,915,000. Avantis All Equity Markets Value ETF makes up approximately 1.7% of M Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position.

Other large investors have also modified their holdings of the company. Vawter Financial Ltd. boosted its stake in Avantis All Equity Markets Value ETF by 7.2% in the 3rd quarter. Vawter Financial Ltd. now owns 5,143 shares of the company’s stock valued at $323,000 after buying an additional 345 shares in the last quarter. Evanson Asset Management LLC grew its holdings in shares of Avantis All Equity Markets Value ETF by 44.1% during the third quarter. Evanson Asset Management LLC now owns 13,684 shares of the company’s stock worth $859,000 after purchasing an additional 4,189 shares during the last quarter. Austin Wealth Management LLC acquired a new stake in shares of Avantis All Equity Markets Value ETF in the third quarter valued at $277,000. Finally, Ridgeline Wealth LLC bought a new position in shares of Avantis All Equity Markets Value ETF in the fourth quarter valued at about $9,610,000.

Avantis All Equity Markets Value ETF Stock Performance

AVGV opened at $63.66 on Thursday. Avantis All Equity Markets Value ETF has a 1-year low of $55.04 and a 1-year high of $65.33. The firm has a 50-day moving average price of $62.83 and a two-hundred day moving average price of $61.88.

Avantis All Equity Markets Value ETF Profile

The Avantis All Equity Markets Value ETF (AVGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in global equity portfolios, weighted by geography. It seeks long-term capital appreciation through factor-investing, focusing on securities with value characteristics and higher expected returns.