Avantis International Equity ETF $AVDE is Paladin Wealth LLC’s 4th Largest Position

Paladin Wealth LLC increased its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 21.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,688 shares of the company’s stock after purchasing an additional 7,985 shares during the quarter. Avantis International Equity ETF makes up approximately 2.6% of Paladin Wealth LLC’s portfolio, making the stock its 4th largest position. Paladin Wealth LLC’s holdings in Avantis International Equity ETF were worth $3,761,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. purchased a new stake in shares of Avantis International Equity ETF during the second quarter worth $32,000. US Bancorp DE purchased a new position in Avantis International Equity ETF in the third quarter valued at about $47,000. Cullen Frost Bankers Inc. acquired a new position in Avantis International Equity ETF in the 3rd quarter worth about $64,000. Dogwood Wealth Management LLC increased its position in Avantis International Equity ETF by 746.4% in the 3rd quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock worth $122,000 after purchasing an additional 1,366 shares during the last quarter. Finally, IFP Advisors Inc raised its stake 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 worth $126,000 after purchasing an additional 152 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of Avantis International Equity ETF stock opened at $82.23 on Tuesday. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. The stock has a 50-day simple moving average of $87.52 and a 200-day simple moving average of $83.04. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $92.60.

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.