ShankerValleau Wealth Advisors Inc. Lowers Stock Holdings in Avantis International Equity ETF $AVDE

ShankerValleau Wealth Advisors Inc. trimmed its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,459 shares of the company’s stock after selling 3,711 shares during the period. Avantis International Equity ETF makes up approximately 1.9% of ShankerValleau Wealth Advisors Inc.’s portfolio, making the stock its 12th biggest holding. ShankerValleau Wealth Advisors Inc. owned approximately 0.09% of Avantis International Equity ETF worth $6,769,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. HB Wealth Management LLC lifted its position in Avantis International Equity ETF by 27,747.4% during the first quarter. HB Wealth Management LLC now owns 2,007,800 shares of the company’s stock valued at $133,057,000 after buying an additional 2,000,590 shares during the period. Jane Street Group LLC lifted its position in shares of Avantis International Equity ETF by 472.4% during the 1st quarter. Jane Street Group LLC now owns 850,000 shares of the company’s stock valued at $56,330,000 after buying an additional 701,500 shares in the last quarter. Gradient Investments LLC lifted its position in shares of Avantis International Equity ETF by 72.6% during the 1st quarter. Gradient Investments LLC now owns 1,193,068 shares of the company’s stock valued at $79,065,000 after buying an additional 501,746 shares in the last quarter. Simplicity Wealth LLC purchased a new position in Avantis International Equity ETF in the 1st quarter worth approximately $25,859,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Avantis International Equity ETF by 7.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,890,241 shares of the company’s stock worth $300,114,000 after purchasing an additional 337,019 shares in the last quarter.

Avantis International Equity ETF Price Performance

Shares of AVDE opened at $78.41 on Monday. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. The business’s 50 day simple moving average is $75.72 and its 200-day simple moving average is $71.54. Avantis International Equity ETF has a 1 year low of $58.56 and a 1 year high of $78.73.

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.