Bridgewater Advisors Inc. Acquires 38,372 Shares of Avantis International Equity ETF $AVDE

Bridgewater Advisors Inc. raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 8.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 480,389 shares of the company’s stock after buying an additional 38,372 shares during the quarter. Avantis International Equity ETF comprises about 2.6% of Bridgewater Advisors Inc.’s portfolio, making the stock its 9th biggest holding. Bridgewater Advisors Inc.’s holdings in Avantis International Equity ETF were worth $37,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Glassman Wealth Services purchased a new stake in shares of Avantis International Equity ETF in the 2nd quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in Avantis International Equity ETF in the 2nd quarter valued at approximately $32,000. Bessemer Group Inc. purchased a new stake in Avantis International Equity ETF in the second quarter valued at approximately $57,000. Nemes Rush Group LLC lifted its stake in Avantis International Equity ETF by 30.4% during the second quarter. Nemes Rush Group LLC now owns 815 shares of the company’s stock worth $60,000 after purchasing an additional 190 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Avantis International Equity ETF during the third quarter worth $64,000.

Avantis International Equity ETF Trading Down 0.0%

Shares of NYSEARCA AVDE opened at $90.77 on Friday. The stock has a market capitalization of $13.69 billion, a PE ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a twelve month low of $58.56 and a twelve month high of $91.48. The stock has a fifty day simple moving average of $85.71 and a 200-day simple moving average of $81.08.

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.