Northwestern Mutual Wealth Management Co. Acquires 458,993 Shares of Avantis International Equity ETF $AVDE

Northwestern Mutual Wealth Management Co. raised its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 17.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,162,431 shares of the company’s stock after buying an additional 458,993 shares during the period. Northwestern Mutual Wealth Management Co. owned about 2.10% of Avantis International Equity ETF worth $260,331,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Hantz Financial Services Inc. purchased a new position in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new stake in Avantis International Equity ETF during the fourth quarter worth $38,000. US Bancorp DE purchased a new stake in Avantis International Equity ETF in the 3rd quarter valued at $47,000. Investment Research & Advisory Group Inc. purchased a new stake in Avantis International Equity ETF in the 4th quarter valued at $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Avantis International Equity ETF in the 4th quarter valued at $56,000.

Avantis International Equity ETF Trading Down 0.2%

NYSEARCA AVDE opened at $91.38 on Friday. The firm has a market capitalization of $16.05 billion, a P/E ratio of 14.71 and a beta of 0.78. The business has a fifty day simple moving average of $88.33 and a 200 day simple moving average of $86.04. Avantis International Equity ETF has a 12 month low of $72.08 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.