Avantis International Equity ETF (NYSEARCA:AVDE) Shares Sold by FMB Wealth Management

FMB Wealth Management trimmed its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,418 shares of the company’s stock after selling 356 shares during the quarter. Avantis International Equity ETF comprises 2.3% of FMB Wealth Management’s portfolio, making the stock its 14th largest holding. FMB Wealth Management’s holdings in Avantis International Equity ETF were worth $4,076,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVDE. SC&H Financial Advisors Inc. boosted its position in shares of Avantis International Equity ETF by 5.2% in the fourth quarter. SC&H Financial Advisors Inc. now owns 338,357 shares of the company’s stock worth $20,765,000 after buying an additional 16,710 shares during the period. Global Retirement Partners LLC boosted its position in Avantis International Equity ETF by 39.3% during the third quarter. Global Retirement Partners LLC now owns 9,944 shares of the company’s stock valued at $667,000 after purchasing an additional 2,803 shares during the last quarter. NBC Securities Inc. raised its holdings in Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after buying an additional 220 shares in the last quarter. Proathlete Wealth Management LLC raised its holdings in Avantis International Equity ETF by 15.8% during the third quarter. Proathlete Wealth Management LLC now owns 49,627 shares of the company’s stock valued at $3,326,000 after buying an additional 6,775 shares in the last quarter. Finally, Vista Investment Partners LLC raised its holdings in Avantis International Equity ETF by 35.5% during the third quarter. Vista Investment Partners LLC now owns 6,098 shares of the company’s stock valued at $409,000 after buying an additional 1,598 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $65.00 on Wednesday. The business’s 50-day simple moving average is $62.81 and its 200-day simple moving average is $63.90. The firm has a market capitalization of $4.50 billion, a PE ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52 week low of $58.59 and a 52 week high of $67.83.

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.