Avantis International Equity ETF (NYSEARCA:AVDE) Shares Sold by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. lessened its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 3.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 272,233 shares of the company’s stock after selling 8,538 shares during the period. Avantis International Equity ETF accounts for approximately 2.5% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. Bridgewater Advisors Inc. owned approximately 0.50% of Avantis International Equity ETF worth $16,451,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. WealthShield Partners LLC raised its stake in shares of Avantis International Equity ETF by 500.0% in the 4th quarter. WealthShield Partners LLC now owns 2,400 shares of the company’s stock valued at $145,000 after acquiring an additional 2,000 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Avantis International Equity ETF during the fourth quarter worth $163,000. Janney Montgomery Scott LLC acquired a new position in Avantis International Equity ETF during the third quarter valued at $210,000. Mather Group LLC. acquired a new stake in shares of Avantis International Equity ETF during the fourth quarter worth approximately $225,000. Finally, Lunt Capital Management Inc. purchased a new position in shares of Avantis International Equity ETF during the 3rd quarter valued at $266,000.

Avantis International Equity ETF Trading Down 1.4 %

Avantis International Equity ETF stock traded down $0.90 on Tuesday, reaching $61.97. 332,936 shares of the stock were exchanged, compared to its average volume of 241,043. The stock has a market cap of $4.23 billion, a PE ratio of 11.62 and a beta of 0.94. Avantis International Equity ETF has a twelve month low of $52.86 and a twelve month high of $64.17. The firm has a fifty day moving average price of $62.44 and a two-hundred day moving average price of $59.58.

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.