Thayer Financial L.L.C. Takes $1.71 Million Position in Avantis International Equity ETF $AVDE

Thayer Financial L.L.C. acquired a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the 4th quarter, Holdings Channel.com reports. The firm acquired 20,706 shares of the company’s stock, valued at approximately $1,705,000. Avantis International Equity ETF accounts for 1.8% of Thayer Financial L.L.C.’s investment portfolio, making the stock its 12th biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Great Point Wealth Advisors LLC purchased a new position in Avantis International Equity ETF in the 3rd quarter valued at approximately $6,500,000. Advyzon Investment Management LLC grew its holdings in Avantis International Equity ETF by 110.2% in the third quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock valued at $3,765,000 after purchasing an additional 25,013 shares during the last quarter. Cerity Partners LLC grew its holdings in Avantis International Equity ETF by 5.2% in the second quarter. Cerity Partners LLC now owns 691,229 shares of the company’s stock valued at $51,158,000 after purchasing an additional 33,920 shares during the last quarter. Clarion Wealth Managment Partners LLC increased its position in shares of Avantis International Equity ETF by 253.9% in the third quarter. Clarion Wealth Managment Partners LLC now owns 44,460 shares of the company’s stock valued at $3,508,000 after buying an additional 31,898 shares in the last quarter. Finally, Gradient Investments LLC increased its position in shares of Avantis International Equity ETF by 9.1% in the third quarter. Gradient Investments LLC now owns 1,314,112 shares of the company’s stock valued at $103,683,000 after buying an additional 109,854 shares in the last quarter.

Avantis International Equity ETF Stock Down 0.3%

NYSEARCA:AVDE opened at $83.14 on Wednesday. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $92.60. The stock has a fifty day simple moving average of $87.72 and a 200-day simple moving average of $82.90. The company has a market capitalization of $12.54 billion, a PE ratio of 14.71 and a beta of 0.84.

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.