Wealth Management Partners LLC Purchases 42,284 Shares of Avantis All International Markets Equity ETF $AVNM

Wealth Management Partners LLC raised its position in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 12.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 380,960 shares of the company’s stock after acquiring an additional 42,284 shares during the period. Avantis All International Markets Equity ETF makes up 8.3% of Wealth Management Partners LLC’s portfolio, making the stock its biggest position. Wealth Management Partners LLC owned about 0.05% of Avantis All International Markets Equity ETF worth $29,018,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC raised its holdings in shares of Avantis All International Markets Equity ETF by 188.8% in the 4th quarter. CWM LLC now owns 335 shares of the company’s stock worth $25,000 after purchasing an additional 219 shares during the period. Allworth Financial LP purchased a new stake in shares of Avantis All International Markets Equity ETF during the 4th quarter worth about $36,000. Global Retirement Partners LLC purchased a new stake in shares of Avantis All International Markets Equity ETF during the 4th quarter worth about $99,000. Frankly Finances LLC acquired a new stake in Avantis All International Markets Equity ETF during the 4th quarter worth approximately $202,000. Finally, Royal Bank of Canada increased its position in Avantis All International Markets Equity ETF by 167.9% during the 4th quarter. Royal Bank of Canada now owns 2,925 shares of the company’s stock worth $215,000 after purchasing an additional 1,833 shares in the last quarter.

Avantis All International Markets Equity ETF Stock Performance

NYSEARCA AVNM opened at $81.94 on Wednesday. Avantis All International Markets Equity ETF has a one year low of $64.56 and a one year high of $85.48. The company’s 50 day moving average price is $82.79 and its 200 day moving average price is $79.08. The firm has a market capitalization of $622.74 million, a price-to-earnings ratio of 13.10 and a beta of 0.65.

Avantis All International Markets Equity ETF Company Profile

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.