Avantis All International Markets Equity ETF $AVNM is BWM Planning LLC’s 4th Largest Position

BWM Planning LLC boosted its holdings in Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 28.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 335,347 shares of the company’s stock after acquiring an additional 75,249 shares during the period. Avantis All International Markets Equity ETF accounts for about 6.6% of BWM Planning LLC’s investment portfolio, making the stock its 4th largest position. BWM Planning LLC owned about 0.05% of Avantis All International Markets Equity ETF worth $24,655,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Edge Financial Advisors LLC lifted its stake in Avantis All International Markets Equity ETF by 101.0% in the 3rd quarter. Edge Financial Advisors LLC now owns 43,396 shares of the company’s stock valued at $3,064,000 after buying an additional 21,808 shares in the last quarter. Truist Financial Corp purchased a new position in Avantis All International Markets Equity ETF during the third quarter worth $14,040,000. Osaic Holdings Inc. raised its holdings in shares of Avantis All International Markets Equity ETF by 30.7% in the second quarter. Osaic Holdings Inc. now owns 29,894 shares of the company’s stock worth $1,952,000 after acquiring an additional 7,021 shares during the last quarter. Merit Financial Group LLC raised its holdings in shares of Avantis All International Markets Equity ETF by 4.1% in the third quarter. Merit Financial Group LLC now owns 1,782,652 shares of the company’s stock worth $125,855,000 after acquiring an additional 70,338 shares during the last quarter. Finally, Thoroughbred Financial Services LLC lifted its position in shares of Avantis All International Markets Equity ETF by 43.5% in the third quarter. Thoroughbred Financial Services LLC now owns 39,372 shares of the company’s stock valued at $2,779,000 after acquiring an additional 11,931 shares in the last quarter.

Avantis All International Markets Equity ETF Stock Down 0.5%

AVNM opened at $74.14 on Friday. The firm has a market cap of $496.74 million, a P/E ratio of 13.10 and a beta of 0.61. The business’s fifty day simple moving average is $78.87 and its 200 day simple moving average is $74.40. Avantis All International Markets Equity ETF has a 52 week low of $51.41 and a 52 week high of $83.61.

About Avantis All International Markets Equity ETF

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.