Avantis International Equity ETF $AVDE Position Trimmed by Grove Bank & Trust

Grove Bank & Trust decreased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 48,488 shares of the company’s stock after selling 6,540 shares during the quarter. Grove Bank & Trust’s holdings in Avantis International Equity ETF were worth $4,325,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Team Financial Group LLC lifted its position in shares of Avantis International Equity ETF by 184.5% during the 1st quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after acquiring an additional 190 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in shares of Avantis International Equity ETF in the 4th quarter worth $29,000. RHL Group LLC acquired a new position in shares of Avantis International Equity ETF in the 4th quarter worth $38,000. Western Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF during the first quarter worth $42,000. Finally, US Bancorp DE acquired a new stake in shares of Avantis International Equity ETF during the third quarter worth $47,000.

Avantis International Equity ETF Stock Up 1.1%

Shares of NYSEARCA AVDE opened at $92.60 on Wednesday. Avantis International Equity ETF has a 12 month low of $74.07 and a 12 month high of $92.73. The company has a market cap of $18.45 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. The business has a fifty day simple moving average of $90.00 and a 200-day simple moving average of $88.86.

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.