Cornerstone Wealth Partners LLC Makes New $2.42 Million Investment in Avantis International Equity ETF $AVDE

Cornerstone Wealth Partners LLC purchased a new position in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,389 shares of the company’s stock, valued at approximately $2,420,000. Avantis International Equity ETF makes up approximately 1.7% of Cornerstone Wealth Partners LLC’s portfolio, making the stock its 13th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in Avantis International Equity ETF by 19.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock worth $15,322,000 after acquiring an additional 30,539 shares in the last quarter. Clarion Wealth Managment Partners LLC lifted its holdings in shares of Avantis International Equity ETF by 253.9% in the third quarter. Clarion Wealth Managment Partners LLC now owns 44,460 shares of the company’s stock valued at $3,508,000 after purchasing an additional 31,898 shares in the last quarter. Advyzon Investment Management LLC lifted its holdings in shares of Avantis International Equity ETF by 110.2% in the third quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock valued at $3,765,000 after purchasing an additional 25,013 shares in the last quarter. Elyxium Wealth LLC bought a new position in shares of Avantis International Equity ETF in the fourth quarter valued at approximately $7,587,000. Finally, Certified Advisory Corp lifted 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 valued at $2,766,000 after purchasing an additional 7,471 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.3%

AVDE stock opened at $90.83 on Wednesday. Avantis International Equity ETF has a twelve month low of $72.08 and a twelve month high of $92.60. The stock’s 50 day moving average is $89.94 and its 200-day moving average is $87.02. The firm has a market capitalization of $15.95 billion, a PE ratio of 14.71 and a beta of 0.77.

Avantis International Equity ETF 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.