Sterneck Capital Management LLC Has $2.57 Million Position in Avantis International Equity ETF $AVDE

Sterneck Capital Management LLC lifted its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,751 shares of the company’s stock after buying an additional 709 shares during the period. Avantis International Equity ETF comprises about 1.3% of Sterneck Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding. Sterneck Capital Management LLC’s holdings in Avantis International Equity ETF were worth $2,572,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. NBC Securities Inc. raised its stake in Avantis International Equity ETF by 134,500.0% in the first quarter. NBC Securities Inc. now owns 1,346 shares of the company’s stock valued at $89,000 after buying an additional 1,345 shares during the period. Gradient Investments LLC raised its stake in Avantis International Equity ETF by 72.6% in the first 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 during the period. Paladin Wealth LLC raised its stake in Avantis International Equity ETF by 57.5% in the first quarter. Paladin Wealth LLC now owns 30,395 shares of the company’s stock valued at $2,014,000 after buying an additional 11,099 shares during the period. Elevation Wealth Partners LLC bought a new stake in Avantis International Equity ETF in the first quarter valued at approximately $10,518,000. Finally, McLean Asset Management Corp raised its stake in Avantis International Equity ETF by 15.7% in the first quarter. McLean Asset Management Corp now owns 143,052 shares of the company’s stock valued at $9,480,000 after buying an additional 19,422 shares during the period.

Avantis International Equity ETF Stock Up 0.8%

NYSEARCA:AVDE opened at $78.31 on Friday. The stock’s 50 day moving average price is $76.64 and its two-hundred day moving average price is $72.33. The firm has a market capitalization of $8.42 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $79.13.

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.