Avantis International Equity ETF $AVDE Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 50.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 805,700 shares of the company’s stock after purchasing an additional 271,130 shares during the period. Bank of New York Mellon Corp’s holdings in Avantis International Equity ETF were worth $68,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Clearwater Capital Advisors LLC raised its holdings in Avantis International Equity ETF by 0.6% during the fourth quarter. Clearwater Capital Advisors LLC now owns 22,552 shares of the company’s stock worth $1,856,000 after purchasing an additional 132 shares during the last quarter. New Dimensions Wealth Management LLC grew its holdings in shares of Avantis International Equity ETF by 2.8% during the 4th quarter. New Dimensions Wealth Management LLC now owns 5,547 shares of the company’s stock worth $457,000 after purchasing an additional 151 shares during the period. IFP Advisors Inc lifted its holdings in shares of Avantis International Equity ETF by 10.6% during the 3rd quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock valued at $126,000 after acquiring an additional 152 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after purchasing an additional 166 shares in the last quarter. Finally, Evanson Asset Management LLC grew its position in Avantis International Equity ETF by 0.8% in the fourth quarter. Evanson Asset Management LLC now owns 22,641 shares of the company’s stock valued at $1,864,000 after acquiring an additional 178 shares in the last quarter.

Avantis International Equity ETF Stock Performance

NYSEARCA:AVDE opened at $90.39 on Thursday. Avantis International Equity ETF has a one year low of $72.79 and a one year high of $92.60. The business’s 50-day simple moving average is $89.99 and its 200 day simple moving average is $88.46. The stock has a market cap of $17.79 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78.

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.