Canvas Wealth Advisors LLC Has $15.07 Million Position in Avantis International Equity ETF $AVDE

Canvas Wealth Advisors LLC raised its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 15.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 177,667 shares of the company’s stock after purchasing an additional 23,353 shares during the period. Avantis International Equity ETF makes up about 2.6% of Canvas Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Canvas Wealth Advisors LLC’s holdings in Avantis International Equity ETF were worth $15,073,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AVDE. EverSource Wealth Advisors LLC raised its stake in Avantis International Equity ETF by 19.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock worth $15,322,000 after buying an additional 30,539 shares during the period. Elyxium Wealth LLC acquired a new position in Avantis International Equity ETF in the fourth quarter valued at about $7,587,000. Apella Capital LLC grew its stake in Avantis International Equity ETF by 7.9% in the fourth quarter. Apella Capital LLC now owns 682,150 shares of the company’s stock valued at $56,155,000 after acquiring an additional 49,699 shares during the period. UBS Group AG increased its holdings in shares of Avantis International Equity ETF by 8.6% in the fourth quarter. UBS Group AG now owns 1,061,289 shares of the company’s stock worth $87,365,000 after acquiring an additional 83,675 shares in the last quarter. Finally, Certified Advisory Corp increased its holdings in shares of Avantis International Equity ETF by 27.1% in the third quarter. Certified Advisory Corp now owns 35,052 shares of the company’s stock worth $2,766,000 after acquiring an additional 7,471 shares in the last quarter.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $90.95 on Tuesday. Avantis International Equity ETF has a fifty-two week low of $72.79 and a fifty-two week high of $92.60. The stock has a market capitalization of $17.49 billion, a PE ratio of 14.71 and a beta of 0.78. The business’s 50-day simple moving average is $89.99 and its 200-day simple moving average is $87.76.

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.