Austin Asset Management Co Inc Has $3.34 Million Position in Avantis International Equity ETF $AVDE

Austin Asset Management Co Inc reduced its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 36.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 45,175 shares of the company’s stock after selling 25,372 shares during the period. Avantis International Equity ETF accounts for about 0.7% of Austin Asset Management Co Inc’s portfolio, making the stock its 19th largest position. Austin Asset Management Co Inc’s holdings in Avantis International Equity ETF were worth $3,343,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AVDE. NBC Securities Inc. boosted its position in Avantis International Equity ETF by 134,500.0% in the first quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock valued at $89,000 after buying an additional 1,345 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Avantis International Equity ETF by 4.8% in the first quarter. Farther Finance Advisors LLC now owns 47,948 shares of the company’s stock valued at $3,183,000 after buying an additional 2,191 shares in the last quarter. Visionary Horizons LLC boosted its position in Avantis International Equity ETF by 2.8% in the first quarter. Visionary Horizons LLC now owns 9,418 shares of the company’s stock valued at $624,000 after buying an additional 253 shares in the last quarter. Magnolia Private Wealth LLC lifted its position in shares of Avantis International Equity ETF by 190.1% during the first quarter. Magnolia Private Wealth LLC now owns 157,627 shares of the company’s stock worth $10,446,000 after purchasing an additional 103,291 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Avantis International Equity ETF by 12.2% during the first quarter. Fifth Third Bancorp now owns 467,708 shares of the company’s stock worth $30,995,000 after purchasing an additional 50,738 shares in the last quarter.

Avantis International Equity ETF Price Performance

AVDE opened at $79.75 on Thursday. The company has a market cap of $9.83 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. The firm has a 50 day simple moving average of $77.38 and a 200 day simple moving average of $72.94. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $80.23.

About Avantis International Equity ETF

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.