Ridgeline Wealth LLC Makes New $9.61 Million Investment in Avantis All Equity Markets Value ETF (NYSEARCA:AVGV)

Ridgeline Wealth LLC bought a new stake in shares of Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 157,592 shares of the company’s stock, valued at approximately $9,610,000. Avantis All Equity Markets Value ETF makes up approximately 7.8% of Ridgeline Wealth LLC’s portfolio, making the stock its 3rd biggest position. Ridgeline Wealth LLC owned approximately 13.70% of Avantis All Equity Markets Value ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of AVGV. Evanson Asset Management LLC raised its holdings in Avantis All Equity Markets Value ETF by 44.1% in the third quarter. Evanson Asset Management LLC now owns 13,684 shares of the company’s stock worth $859,000 after purchasing an additional 4,189 shares in the last quarter. Vawter Financial Ltd. lifted its position in Avantis All Equity Markets Value ETF by 7.2% during the 3rd quarter. Vawter Financial Ltd. now owns 5,143 shares of the company’s stock valued at $323,000 after acquiring an additional 345 shares during the period. Finally, Austin Wealth Management LLC bought a new stake in Avantis All Equity Markets Value ETF during the third quarter worth about $277,000.

Avantis All Equity Markets Value ETF Price Performance

Shares of NYSEARCA AVGV traded up $0.24 on Monday, reaching $61.63. 20,287 shares of the company’s stock traded hands, compared to its average volume of 18,596. The business’s 50 day simple moving average is $63.12 and its two-hundred day simple moving average is $61.51. Avantis All Equity Markets Value ETF has a 12 month low of $53.68 and a 12 month high of $65.33.

Avantis All Equity Markets Value ETF Company Profile

The Avantis All Equity Markets Value ETF (AVGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in global equity portfolios, weighted by geography. It seeks long-term capital appreciation through factor-investing, focusing on securities with value characteristics and higher expected returns.