Avantis International Equity ETF $AVDE Stock Position Lowered by Modera Wealth Management LLC

Modera Wealth Management LLC trimmed its stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 2.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 392,739 shares of the company’s stock after selling 10,132 shares during the period. Modera Wealth Management LLC owned about 0.30% of Avantis International Equity ETF worth $30,987,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. grew its holdings in Avantis International Equity ETF by 67.2% in the 2nd quarter. American Century Companies Inc. now owns 3,376,257 shares of the company’s stock valued at $249,877,000 after buying an additional 1,357,155 shares during the last quarter. Simplicity Wealth LLC raised its stake in Avantis International Equity ETF by 110.6% during the 2nd quarter. Simplicity Wealth LLC now owns 821,790 shares of the company’s stock worth $60,821,000 after buying an additional 431,583 shares during the period. Ameriprise Financial Inc. boosted its stake in Avantis International Equity ETF by 63.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,078,438 shares of the company’s stock worth $79,800,000 after purchasing an additional 420,560 shares during the period. Bank of America Corp DE grew its holdings in shares of Avantis International Equity ETF by 18.8% during the second quarter. Bank of America Corp DE now owns 2,255,718 shares of the company’s stock worth $166,946,000 after buying an additional 356,773 shares in the last quarter. Finally, Compass Ion Advisors LLC bought a new stake in shares of Avantis International Equity ETF in the third quarter worth $26,810,000.

Avantis International Equity ETF Price Performance

Shares of NYSEARCA:AVDE opened at $86.64 on Friday. Avantis International Equity ETF has a one year low of $58.56 and a one year high of $86.69. The company’s 50-day moving average price is $82.29 and its two-hundred day moving average price is $79.11. The stock has a market capitalization of $12.63 billion, a PE ratio of 14.71 and a beta of 0.84.

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.