Cauble & Harre Wealth Management Inc. Buys New Position in Avantis International Equity ETF $AVDE

Cauble & Harre Wealth Management Inc. purchased a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 27,659 shares of the company’s stock, valued at approximately $2,277,000. Avantis International Equity ETF comprises 1.9% of Cauble & Harre Wealth Management Inc.’s holdings, making the stock its 15th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVDE. Ameriprise Financial Inc. raised its holdings in shares of Avantis International Equity ETF by 357.3% in the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after buying an additional 3,853,677 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in Avantis International Equity ETF in the third quarter valued at about $232,644,000. Envestnet Asset Management Inc. boosted its holdings in Avantis International Equity ETF by 140.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock valued at $321,020,000 after purchasing an additional 2,377,932 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Avantis International Equity ETF by 345.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock worth $208,276,000 after purchasing an additional 2,046,558 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in Avantis International Equity ETF by 134.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock worth $213,301,000 after acquiring an additional 1,552,177 shares in the last quarter.

Avantis International Equity ETF Stock Down 1.9%

NYSEARCA:AVDE opened at $89.40 on Friday. Avantis International Equity ETF has a fifty-two week low of $70.81 and a fifty-two week high of $92.60. The stock has a market cap of $15.70 billion, a PE ratio of 14.71 and a beta of 0.78. The firm’s fifty day simple moving average is $87.44 and its 200-day simple moving average is $85.28.

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.