Geometric Wealth Advisors Increases Stake in Avantis All International Markets Equity ETF $AVNM

Geometric Wealth Advisors raised its holdings in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 207.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 670,665 shares of the company’s stock after purchasing an additional 452,344 shares during the period. Avantis All International Markets Equity ETF comprises about 6.5% of Geometric Wealth Advisors’ portfolio, making the stock its 3rd largest holding. Geometric Wealth Advisors owned approximately 13.60% of Avantis All International Markets Equity ETF worth $43,801,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AVNM. XY Planning Network Inc. bought a new stake in shares of Avantis All International Markets Equity ETF during the 2nd quarter valued at about $212,000. Hutchens & Kramer Investment Management Group LLC acquired a new position in Avantis All International Markets Equity ETF in the second quarter valued at approximately $251,000. FMB Wealth Management bought a new position in shares of Avantis All International Markets Equity ETF during the second quarter valued at approximately $257,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Avantis All International Markets Equity ETF during the 1st quarter worth approximately $241,000. Finally, Fortress Wealth Management Inc. acquired a new stake in shares of Avantis All International Markets Equity ETF during the 2nd quarter worth approximately $270,000.

Avantis All International Markets Equity ETF Trading Down 0.2%

Shares of NYSEARCA AVNM opened at $70.89 on Friday. Avantis All International Markets Equity ETF has a 12-month low of $51.41 and a 12-month high of $72.27. The company has a market cap of $396.98 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. The stock’s 50 day simple moving average is $70.40 and its 200 day simple moving average is $66.59.

About Avantis All International Markets Equity ETF

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns.