Canvas Wealth Advisors LLC Purchases 8,874 Shares of Avantis International Equity ETF $AVDE

Canvas Wealth Advisors LLC boosted its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 154,314 shares of the company’s stock after buying an additional 8,874 shares during the quarter. Avantis International Equity ETF makes up about 2.2% of Canvas Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Canvas Wealth Advisors LLC owned approximately 0.11% of Avantis International Equity ETF worth $12,703,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AVDE. Evolution Wealth Management Inc. bought a new position in Avantis International Equity ETF in the 2nd quarter worth $32,000. US Bancorp DE purchased a new position in Avantis International Equity ETF during the third quarter valued at $47,000. Cullen Frost Bankers Inc. bought a new stake in Avantis International Equity ETF during the third quarter valued at about $64,000. Dogwood Wealth Management LLC grew its holdings in Avantis International Equity ETF by 746.4% during the third quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock valued at $122,000 after purchasing an additional 1,366 shares during the period. Finally, IFP Advisors Inc increased its position in Avantis International Equity ETF by 10.6% in the third quarter. IFP Advisors Inc now owns 1,591 shares of the company’s stock worth $126,000 after buying an additional 152 shares in the last quarter.

Avantis International Equity ETF Stock Up 1.6%

NYSEARCA AVDE opened at $84.51 on Thursday. Avantis International Equity ETF has a 52 week low of $58.56 and a 52 week high of $92.60. The company has a market capitalization of $12.74 billion, a P/E ratio of 14.71 and a beta of 0.84. The stock’s 50-day moving average price is $87.70 and its 200-day moving average price is $82.91.

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.