Edge Financial Advisors LLC Purchases 21,808 Shares of Avantis All International Markets Equity ETF $AVNM

Edge Financial Advisors LLC boosted its position in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 101.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,396 shares of the company’s stock after acquiring an additional 21,808 shares during the quarter. Avantis All International Markets Equity ETF accounts for approximately 1.4% of Edge Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Edge Financial Advisors LLC owned approximately 0.79% of Avantis All International Markets Equity ETF worth $3,064,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. increased its position in Avantis All International Markets Equity ETF by 30.7% during the 2nd quarter. Osaic Holdings Inc. now owns 29,894 shares of the company’s stock worth $1,952,000 after buying an additional 7,021 shares during the period. Merit Financial Group LLC bought a new stake in shares of Avantis All International Markets Equity ETF in the second quarter valued at approximately $111,831,000. FMB Wealth Management acquired a new stake in Avantis All International Markets Equity ETF during the second quarter worth approximately $257,000. BWM Planning LLC increased its stake in Avantis All International Markets Equity ETF by 23.6% during the 2nd quarter. BWM Planning LLC now owns 238,643 shares of the company’s stock worth $15,586,000 after acquiring an additional 45,565 shares during the period. Finally, Geometric Wealth Advisors lifted its position in shares of Avantis All International Markets Equity ETF by 207.2% during the 2nd quarter. Geometric Wealth Advisors now owns 670,665 shares of the company’s stock valued at $43,801,000 after acquiring an additional 452,344 shares during the period.

Avantis All International Markets Equity ETF Stock Performance

AVNM opened at $77.94 on Friday. The firm has a market cap of $514.40 million, a P/E ratio of 13.10 and a beta of 0.61. The business’s fifty day moving average is $73.62 and its 200-day moving average is $70.65. Avantis All International Markets Equity ETF has a 52-week low of $51.41 and a 52-week high of $77.95.

Avantis All International Markets Equity ETF Company Profile

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.