Diversified Portfolios Inc. Acquires 94,852 Shares of Avantis International Equity ETF (NYSEARCA:AVDE)

Diversified Portfolios Inc. boosted its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 16.4% in the 4th quarter, Holdings Channel reports. The firm owned 673,880 shares of the company’s stock after buying an additional 94,852 shares during the quarter. Avantis International Equity ETF accounts for approximately 4.5% of Diversified Portfolios Inc.’s portfolio, making the stock its 5th biggest position. Diversified Portfolios Inc.’s holdings in Avantis International Equity ETF were worth $41,356,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. TFB Advisors LLC boosted its stake in shares of Avantis International Equity ETF by 3.0% in the third quarter. TFB Advisors LLC now owns 6,368 shares of the company’s stock valued at $427,000 after purchasing an additional 184 shares during the period. Visionary Horizons LLC boosted its position in Avantis International Equity ETF by 2.1% in the 4th quarter. Visionary Horizons LLC now owns 9,165 shares of the company’s stock valued at $562,000 after buying an additional 191 shares during the last quarter. NBC Securities Inc. grew its stake in shares of Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after acquiring an additional 220 shares in the last quarter. KKM Financial LLC increased its position in shares of Avantis International Equity ETF by 5.4% during the third quarter. KKM Financial LLC now owns 7,041 shares of the company’s stock worth $472,000 after acquiring an additional 359 shares during the last quarter. Finally, CWA Asset Management Group LLC increased its position in shares of Avantis International Equity ETF by 5.1% during the fourth quarter. CWA Asset Management Group LLC now owns 7,600 shares of the company’s stock worth $466,000 after acquiring an additional 369 shares during the last quarter.

Avantis International Equity ETF Stock Performance

Shares of AVDE opened at $65.00 on Wednesday. Avantis International Equity ETF has a one year low of $58.59 and a one year high of $67.83. The stock has a 50-day moving average price of $62.82 and a 200 day moving average price of $63.91. The company has a market capitalization of $4.50 billion, a P/E ratio of 11.74 and a beta of 0.82.

Avantis International Equity ETF 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.