Avantis International Equity ETF $AVDE Stock Sold by Vantagepoint Investment Advisers LLC

Vantagepoint Investment Advisers LLC reduced its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 46.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,856,709 shares of the company’s stock after selling 2,456,739 shares during the period. Avantis International Equity ETF comprises approximately 2.0% of Vantagepoint Investment Advisers LLC’s holdings, making the stock its 23rd biggest holding. Vantagepoint Investment Advisers LLC owned 1.32% of Avantis International Equity ETF worth $257,418,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Team Financial Group LLC increased its position in Avantis International Equity ETF by 184.5% during the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock worth $25,000 after purchasing an additional 190 shares in the last quarter. TD Waterhouse Canada Inc. purchased a new stake in Avantis International Equity ETF during the 3rd quarter worth approximately $27,000. Angeles Wealth Management LLC raised its holdings in Avantis International Equity ETF by 470.6% in the second quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after acquiring an additional 400 shares in the last quarter. Abound Wealth Management bought a new position in shares of Avantis International Equity ETF during the second quarter worth about $44,000. Finally, Western Wealth Management LLC bought a new position in Avantis International Equity ETF during the 1st quarter worth approximately $42,000.

Avantis International Equity ETF Price Performance

AVDE stock opened at $89.09 on Tuesday. Avantis International Equity ETF has a 1-year low of $77.20 and a 1-year high of $94.82. The firm has a fifty day moving average price of $91.84 and a two-hundred day moving average price of $89.62. The firm has a market cap of $19.32 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79.

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.