Approach Retirement Advisors LLC Takes $2.99 Million Position in Avantis International Equity ETF $AVDE

Approach Retirement Advisors LLC purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,362 shares of the company’s stock, valued at approximately $2,993,000. Avantis International Equity ETF comprises approximately 2.6% of Approach Retirement Advisors LLC’s portfolio, making the stock its 8th largest holding.

Other large investors also recently modified their holdings of the company. Investment Research & Advisory Group Inc. bought a new position in Avantis International Equity ETF during the 4th quarter worth $48,000. US Bancorp DE bought a new position in Avantis International Equity ETF during the 3rd quarter worth $47,000. Dunhill Financial LLC bought a new position in Avantis International Equity ETF during the 4th quarter worth $59,000. Cullen Frost Bankers Inc. bought a new position in Avantis International Equity ETF during the 3rd quarter worth $64,000. Finally, Dogwood Wealth Management LLC raised its position in Avantis International Equity ETF by 746.4% during the 3rd quarter. Dogwood Wealth Management LLC now owns 1,549 shares of the company’s stock worth $122,000 after purchasing an additional 1,366 shares during the last quarter.

Avantis International Equity ETF Stock Up 0.3%

Shares of NYSEARCA:AVDE opened at $88.86 on Friday. The firm has a market cap of $15.37 billion, a P/E ratio of 14.71 and a beta of 0.80. Avantis International Equity ETF has a 12-month low of $67.85 and a 12-month high of $92.60. The business has a fifty day simple moving average of $87.66 and a 200 day simple moving average of $84.25.

Avantis International Equity ETF 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.