Mendota Financial Group LLC Increases Stake in Avantis International Equity ETF $AVDE

Mendota Financial Group LLC grew its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 35.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,946 shares of the company’s stock after purchasing an additional 11,950 shares during the quarter. Avantis International Equity ETF makes up about 2.5% of Mendota Financial Group LLC’s portfolio, making the stock its 14th biggest holding. Mendota Financial Group LLC’s holdings in Avantis International Equity ETF were worth $4,098,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlas Brown Inc. raised its position in shares of Avantis International Equity ETF by 3.3% in the second quarter. Atlas Brown Inc. now owns 3,673 shares of the company’s stock valued at $328,000 after buying an additional 118 shares during the last quarter. Bannerman Wealth Management Group LLC lifted its stake in shares of Avantis International Equity ETF by 1.4% in the second quarter. Bannerman Wealth Management Group LLC now owns 8,454 shares of the company’s stock worth $754,000 after buying an additional 119 shares in the last quarter. Clearwater Capital Advisors LLC boosted its position in Avantis International Equity ETF by 0.6% during the fourth quarter. Clearwater Capital Advisors LLC now owns 22,552 shares of the company’s stock worth $1,856,000 after acquiring an additional 132 shares during the last quarter. New Dimensions Wealth Management LLC boosted its position in Avantis International Equity ETF by 2.8% during the fourth quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock worth $457,000 after acquiring an additional 151 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in Avantis International Equity ETF by 2.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares in the last quarter.

Avantis International Equity ETF Trading Down 0.4%

AVDE stock opened at $93.53 on Tuesday. The firm has a 50-day moving average of $90.16 and a two-hundred day moving average of $89.09. Avantis International Equity ETF has a 12 month low of $75.39 and a 12 month high of $94.00. The company has a market cap of $18.63 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.