Avantis International Equity ETF $AVDE is Bridgewater Advisors Inc.’s 9th Largest Position

Bridgewater Advisors Inc. increased its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 7.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 551,646 shares of the company’s stock after purchasing an additional 39,906 shares during the period. Avantis International Equity ETF accounts for 3.1% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 9th largest holding. Bridgewater Advisors Inc.’s holdings in Avantis International Equity ETF were worth $50,404,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Royal Bank of Canada increased its stake in Avantis International Equity ETF by 123.9% in the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock valued at $5,352,000 after purchasing an additional 44,683 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Avantis International Equity ETF by 49.2% in the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after buying an additional 2,206 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Avantis International Equity ETF by 22.3% during the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares during the period. Baird Financial Group Inc. boosted its stake in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after buying an additional 166 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in shares of Avantis International Equity ETF by 48.1% during the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock worth $445,000 after buying an additional 1,954 shares during the last quarter.

Avantis International Equity ETF Stock Up 0.5%

Shares of AVDE stock opened at $89.81 on Friday. The stock has a market capitalization of $17.75 billion, a PE ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52-week low of $72.79 and a 52-week high of $92.60. The stock’s 50-day moving average price is $89.96 and its 200 day moving average price is $88.52.

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.