Evanson Financial LLC Invests $2.44 Million in Avantis International Equity ETF $AVDE

Evanson Financial LLC acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 27,414 shares of the company’s stock, valued at approximately $2,445,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVDE. Align Financial LLC bought a new position in Avantis International Equity ETF in the 4th quarter worth about $1,117,525,000. Corient Private Wealth LLC boosted its holdings in shares of Avantis International Equity ETF by 61.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock valued at $479,508,000 after purchasing an additional 2,219,229 shares during the period. Bank of America Corp DE boosted its holdings in shares of Avantis International Equity ETF by 32.4% in the first quarter. Bank of America Corp DE now owns 4,003,424 shares of the company’s stock valued at $339,650,000 after purchasing an additional 979,961 shares during the period. LPL Financial LLC grew its stake in Avantis International Equity ETF by 41.7% in the fourth quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock worth $268,904,000 after purchasing an additional 961,586 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Avantis International Equity ETF by 17.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,162,431 shares of the company’s stock worth $260,331,000 after purchasing an additional 458,993 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.1%

AVDE opened at $92.92 on Friday. The stock’s fifty day moving average is $90.06 and its two-hundred day moving average is $88.96. The company has a market capitalization of $18.51 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52 week low of $75.16 and a 52 week high of $93.45.

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.