Avantis International Equity ETF $AVDE is Henrickson Nauta Wealth Advisors Inc.’s 5th Largest Position

Henrickson Nauta Wealth Advisors Inc. lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 100.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 466,866 shares of the company’s stock after purchasing an additional 233,510 shares during the period. Avantis International Equity ETF accounts for about 5.8% of Henrickson Nauta Wealth Advisors Inc.’s holdings, making the stock its 5th biggest position. Henrickson Nauta Wealth Advisors Inc. owned approximately 0.33% of Avantis International Equity ETF worth $39,305,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its stake in Avantis International Equity ETF by 357.3% in the 3rd 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 purchased a new position in shares of Avantis International Equity ETF in the 3rd quarter worth approximately $232,644,000. Envestnet Asset Management Inc. boosted its stake in shares of 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 last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Avantis International Equity ETF by 345.0% in the third quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock valued at $208,276,000 after acquiring an additional 2,046,558 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 valued at $213,301,000 after acquiring an additional 1,552,177 shares in the last quarter.

Avantis International Equity ETF Trading Down 2.9%

Shares of AVDE opened at $81.59 on Friday. The stock has a 50 day moving average of $87.79 and a 200 day moving average of $82.77. The company has a market capitalization of $12.30 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 12 month low of $58.56 and a 12 month high of $92.60.

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.