REDW Wealth LLC Acquires 18,430 Shares of Avantis International Equity ETF $AVDE

REDW Wealth LLC lifted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 39.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,846 shares of the company’s stock after buying an additional 18,430 shares during the quarter. Avantis International Equity ETF comprises 1.9% of REDW Wealth LLC’s investment portfolio, making the stock its 12th biggest position. REDW Wealth LLC owned about 0.05% of Avantis International Equity ETF worth $5,116,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of AVDE. Glassman Wealth Services purchased a new stake in shares of Avantis International Equity ETF during the second quarter worth $25,000. Evolution Wealth Management Inc. purchased a new stake in Avantis International Equity ETF during the 2nd quarter worth about $32,000. Bessemer Group Inc. purchased a new stake in Avantis International Equity ETF during the 2nd quarter worth about $57,000. Crewe Advisors LLC bought a new position in Avantis International Equity ETF in the 2nd quarter worth about $58,000. Finally, Nemes Rush Group LLC grew its holdings in Avantis International Equity ETF by 30.4% during the 2nd quarter. Nemes Rush Group LLC now owns 815 shares of the company’s stock valued at $60,000 after buying an additional 190 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.7%

Shares of AVDE opened at $86.64 on Monday. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $86.69. The stock has a market cap of $12.63 billion, a PE ratio of 14.71 and a beta of 0.84. The business’s 50-day moving average price is $82.29 and its 200-day moving average price is $79.18.

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.