Avantis International Equity ETF $AVDE is Diversified Portfolios Inc.’s 4th Largest Position

Diversified Portfolios Inc. raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 860,652 shares of the company’s stock after acquiring an additional 50,341 shares during the quarter. Avantis International Equity ETF makes up 6.0% of Diversified Portfolios Inc.’s portfolio, making the stock its 4th biggest holding. Diversified Portfolios Inc. owned 0.66% of Avantis International Equity ETF worth $67,905,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of Avantis International Equity ETF by 123.9% in the 1st quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after purchasing an additional 44,683 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after buying an additional 2,206 shares during the last quarter. Bessemer Group Inc. bought a new position in Avantis International Equity ETF in the second quarter worth approximately $57,000. Assetmark Inc. boosted its stake in shares of Avantis International Equity ETF by 433.2% during the 2nd quarter. Assetmark Inc. now owns 997 shares of the company’s stock worth $74,000 after acquiring an additional 810 shares during the last quarter. Finally, Atria Investments Inc grew its position in shares of Avantis International Equity ETF by 67.5% during the 2nd quarter. Atria Investments Inc now owns 7,943 shares of the company’s stock valued at $588,000 after acquiring an additional 3,201 shares during the period.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $88.71 on Thursday. Avantis International Equity ETF has a one year low of $58.56 and a one year high of $92.60. The business has a fifty day moving average price of $87.33 and a 200-day moving average price of $82.08. The firm has a market capitalization of $13.38 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84.

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.