Northwestern Mutual Wealth Management Co. Has $66.60 Million Holdings in Avantis International Equity ETF $AVDE

Northwestern Mutual Wealth Management Co. cut its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 69.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 822,665 shares of the company’s stock after selling 1,880,773 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Avantis International Equity ETF were worth $66,604,000 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. US Bancorp DE acquired a new position in Avantis International Equity ETF in the third quarter valued at about $47,000. Investment Research & Advisory Group Inc. acquired a new position in Avantis International Equity ETF in the fourth quarter valued at about $48,000. Dunhill Financial LLC acquired a new position in Avantis International Equity ETF in the fourth quarter valued at about $59,000. Cullen Frost Bankers Inc. acquired a new position in Avantis International Equity ETF in the third quarter valued at about $64,000. Finally, Dogwood Wealth Management LLC boosted its position in Avantis International Equity ETF by 746.4% in the third quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock valued at $122,000 after buying an additional 1,366 shares in the last quarter.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $89.40 on Monday. Avantis International Equity ETF has a 1-year low of $70.81 and a 1-year high of $92.60. The company has a market cap of $15.70 billion, a PE ratio of 14.71 and a beta of 0.78. The company has a 50-day moving average of $87.44 and a two-hundred day moving average of $85.32.

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.