Align Financial LLC Invests $333.34 Million in Avantis All Equity Markets ETF $AVGE

Align Financial LLC bought a new position in Avantis All Equity Markets ETF (NYSEARCA:AVGE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,880,077 shares of the company’s stock, valued at approximately $333,337,000. Avantis All Equity Markets ETF comprises 1.5% of Align Financial LLC’s holdings, making the stock its 19th biggest holding. Align Financial LLC owned approximately 46.75% of Avantis All Equity Markets ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Valued Wealth Advisors LLC boosted its stake in shares of Avantis All Equity Markets ETF by 10.5% in the fourth quarter. Valued Wealth Advisors LLC now owns 1,172 shares of the company’s stock worth $101,000 after buying an additional 111 shares during the last quarter. HUB Investment Partners LLC boosted its position in Avantis All Equity Markets ETF by 1.2% during the second quarter. HUB Investment Partners LLC now owns 10,459 shares of the company’s stock worth $810,000 after purchasing an additional 126 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Avantis All Equity Markets ETF by 4.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,805 shares of the company’s stock worth $241,000 after purchasing an additional 128 shares in the last quarter. Arlington Financial Advisors LLC boosted its position in Avantis All Equity Markets ETF by 4.0% during the fourth quarter. Arlington Financial Advisors LLC now owns 3,786 shares of the company’s stock worth $325,000 after purchasing an additional 147 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Avantis All Equity Markets ETF by 3.4% during the third quarter. Envestnet Asset Management Inc. now owns 5,369 shares of the company’s stock worth $448,000 after purchasing an additional 176 shares in the last quarter.

Avantis All Equity Markets ETF Trading Down 1.0%

Shares of AVGE stock opened at $98.33 on Thursday. The business’s 50 day moving average is $96.37 and its two-hundred day moving average is $91.53. Avantis All Equity Markets ETF has a 12-month low of $75.23 and a 12-month high of $100.30.

Avantis All Equity Markets ETF Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.