Bank of New York Mellon Corp Acquires 271,130 Shares of Avantis International Equity ETF $AVDE

Bank of New York Mellon Corp increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 50.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 805,700 shares of the company’s stock after acquiring an additional 271,130 shares during the quarter. Bank of New York Mellon Corp owned about 0.46% of Avantis International Equity ETF worth $68,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Team Financial Group LLC raised its position in shares of Avantis International Equity ETF by 184.5% during the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after buying an additional 190 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in Avantis International Equity ETF during the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new position in Avantis International Equity ETF in the fourth quarter worth about $38,000. Investment Research & Advisory Group Inc. purchased a new stake in Avantis International Equity ETF during the fourth quarter valued at approximately $48,000. Finally, US Bancorp DE acquired a new stake in Avantis International Equity ETF in the third quarter worth about $47,000.

Avantis International Equity ETF Trading Up 0.4%

Shares of NYSEARCA:AVDE opened at $90.39 on Thursday. The company has a market cap of $17.79 billion, a PE ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a twelve month low of $72.79 and a twelve month high of $92.60. The company’s 50 day moving average is $89.99 and its 200 day moving average is $88.46.

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.