HB Wealth Management LLC Sells 10,847 Shares of Avantis International Equity ETF $AVDE

HB Wealth Management LLC reduced its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 0.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,664,927 shares of the company’s stock after selling 10,847 shares during the period. Avantis International Equity ETF accounts for 0.9% of HB Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. HB Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $141,252,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Align Financial LLC purchased a new position in Avantis International Equity ETF during the 4th quarter valued at approximately $1,117,525,000. Ameriprise Financial Inc. increased its stake in Avantis International Equity ETF by 357.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after acquiring an additional 3,853,677 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Avantis International Equity ETF by 61.5% during the 4th quarter. Corient Private Wealth LLC now owns 5,824,926 shares of the company’s stock worth $479,508,000 after acquiring an additional 2,219,229 shares in the last quarter. Maseco LLP purchased a new stake in shares of Avantis International Equity ETF during the 1st quarter worth approximately $166,156,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Avantis International Equity ETF by 134.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock valued at $213,301,000 after acquiring an additional 1,552,177 shares during the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA AVDE opened at $89.92 on Friday. The stock has a 50 day moving average price of $89.99 and a 200-day moving average price of $87.73. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60. The company has a market capitalization of $17.18 billion, a P/E ratio of 14.71 and a beta of 0.78.

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.