Truist Financial Corp Invests $14.04 Million in Avantis All International Markets Equity ETF $AVNM

Truist Financial Corp purchased a new stake in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 196,747 shares of the company’s stock, valued at approximately $14,040,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Paragon Advisors LLC grew its stake in Avantis All International Markets Equity ETF by 4.6% during the second quarter. Paragon Advisors LLC now owns 11,574 shares of the company’s stock worth $756,000 after buying an additional 505 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC lifted its holdings in shares of Avantis All International Markets Equity ETF by 17.6% during the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,510 shares of the company’s stock worth $318,000 after acquiring an additional 675 shares during the period. Wealth Management Partners LLC lifted its holdings in shares of Avantis All International Markets Equity ETF by 0.3% during the 3rd quarter. Wealth Management Partners LLC now owns 330,022 shares of the company’s stock worth $23,300,000 after acquiring an additional 934 shares during the period. Altus Wealth Group LLC boosted its position in shares of Avantis All International Markets Equity ETF by 3.6% during the 3rd quarter. Altus Wealth Group LLC now owns 28,589 shares of the company’s stock worth $2,018,000 after acquiring an additional 984 shares in the last quarter. Finally, Oak Wealth Advisors LLC increased its stake in Avantis All International Markets Equity ETF by 12.7% in the third quarter. Oak Wealth Advisors LLC now owns 13,183 shares of the company’s stock valued at $931,000 after acquiring an additional 1,487 shares during the last quarter.

Avantis All International Markets Equity ETF Price Performance

Shares of AVNM opened at $78.08 on Friday. Avantis All International Markets Equity ETF has a one year low of $51.41 and a one year high of $80.09. The company has a market cap of $515.33 million, a P/E ratio of 13.10 and a beta of 0.61. The firm has a 50 day simple moving average of $74.48 and a two-hundred day simple moving average of $71.15.

About Avantis All International Markets Equity ETF

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.