Accredited Wealth Management LLC Reduces Position in Avantis International Equity ETF $AVDE

Accredited Wealth Management LLC reduced its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 75.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 9,050 shares of the company’s stock after selling 28,317 shares during the period. Accredited Wealth Management LLC’s holdings in Avantis International Equity ETF were worth $714,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its position in shares of Avantis International Equity ETF by 3.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,895,332 shares of the company’s stock worth $388,738,000 after purchasing an additional 167,127 shares during the last quarter. Envestnet Asset Management Inc. increased its stake 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 worth $321,020,000 after buying an additional 2,377,932 shares during the period. Corient Private Wealth LLC increased its stake in Avantis International Equity ETF by 4.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock worth $299,535,000 after buying an additional 160,658 shares during the period. American Century Companies Inc. lifted its holdings in Avantis International Equity ETF by 67.2% during the 2nd quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock valued at $249,877,000 after buying an additional 1,357,155 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC bought a new stake in Avantis International Equity ETF during the 3rd quarter valued at about $232,644,000.

Avantis International Equity ETF Stock Performance

Shares of NYSEARCA AVDE opened at $92.20 on Friday. The firm has a market capitalization of $13.90 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The stock has a 50 day moving average price of $86.94 and a 200 day moving average price of $81.78. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $92.60.

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.