Tandemgrowth Financial Advisors LLC Invests $1.77 Million in Avantis International Equity ETF $AVDE

Tandemgrowth Financial Advisors LLC purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,551 shares of the company’s stock, valued at approximately $1,774,000. Avantis International Equity ETF makes up about 1.5% of Tandemgrowth Financial Advisors LLC’s holdings, making the stock its 12th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Avantis International Equity ETF by 4.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock worth $429,545,000 after buying an additional 206,717 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Avantis International Equity ETF by 357.3% in the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock worth $388,855,000 after buying an additional 3,853,677 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of Avantis International Equity ETF by 4.1% in the second quarter. Corient Private Wealth LLC now owns 4,047,220 shares of the company’s stock worth $299,535,000 after buying an additional 160,657 shares in the last quarter. American Century Companies Inc. raised its stake in Avantis International Equity ETF by 8.8% during the third quarter. American Century Companies Inc. now owns 3,671,927 shares of the company’s stock worth $289,715,000 after purchasing an additional 295,670 shares during the period. Finally, LPL Financial LLC raised its stake in Avantis International Equity ETF by 41.7% during the fourth quarter. LPL Financial LLC now owns 3,266,571 shares of the company’s stock worth $268,904,000 after purchasing an additional 961,586 shares during the period.

Avantis International Equity ETF Price Performance

Shares of AVDE stock opened at $89.45 on Friday. The firm’s 50-day moving average is $89.67 and its two-hundred day moving average is $86.79. Avantis International Equity ETF has a 12 month low of $72.08 and a 12 month high of $92.60. The company has a market capitalization of $15.71 billion, a PE ratio of 14.71 and a beta of 0.77.

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.