National Wealth Management Group LLC Makes New Investment in Avantis International Equity ETF $AVDE

National Wealth Management Group LLC purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 27,917 shares of the company’s stock, valued at approximately $2,516,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Team Financial Group LLC raised its stake in shares of Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after acquiring an additional 190 shares in the last quarter. TD Waterhouse Canada Inc. bought a new position in Avantis International Equity ETF in the third quarter worth approximately $27,000. Western Wealth Management LLC bought a new position in Avantis International Equity ETF in the first quarter worth approximately $42,000. Angeles Wealth Management LLC grew its stake 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 worth $43,000 after purchasing an additional 400 shares in the last quarter. Finally, Abound Wealth Management bought a new position in Avantis International Equity ETF in the second quarter worth approximately $44,000.

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 business has a 50-day moving average price of $91.84 and a 200 day moving average price of $89.62. The company has a market capitalization of $19.32 billion, a P/E ratio of 14.71 and a beta of 0.79.

Avantis International Equity ETF Company 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.