HB Wealth Management LLC Has $125.54 Million Stake in Avantis International Equity ETF $AVDE

HB Wealth Management LLC decreased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 15.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,696,199 shares of the company’s stock after selling 311,601 shares during the quarter. Avantis International Equity ETF makes up about 1.0% of HB Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. HB Wealth Management LLC owned 1.67% of Avantis International Equity ETF worth $125,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the business. Advyzon Investment Management LLC raised its position in Avantis International Equity ETF by 1.1% in the 1st quarter. Advyzon Investment Management LLC now owns 12,687 shares of the company’s stock valued at $841,000 after purchasing an additional 144 shares during the last quarter. Moisand Fitzgerald Tamayo LLC raised its position in Avantis International Equity ETF by 0.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 56,304 shares of the company’s stock valued at $4,167,000 after purchasing an additional 170 shares during the last quarter. Seed Wealth Management Inc. raised its position in Avantis International Equity ETF by 1.1% in the 1st quarter. Seed Wealth Management Inc. now owns 16,665 shares of the company’s stock valued at $1,104,000 after purchasing an additional 175 shares during the last quarter. Aire Advisors LLC raised its position in Avantis International Equity ETF by 0.5% in the 1st quarter. Aire Advisors LLC now owns 37,436 shares of the company’s stock valued at $2,481,000 after purchasing an additional 202 shares during the last quarter. Finally, Magnus Financial Group LLC raised its position in Avantis International Equity ETF by 1.3% in the 2nd quarter. Magnus Financial Group LLC now owns 15,561 shares of the company’s stock valued at $1,152,000 after purchasing an additional 207 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $78.64 on Tuesday. The stock has a fifty day moving average price of $76.73 and a two-hundred day moving average price of $72.45. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $79.13. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94.

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.