BSW Wealth Partners Cuts Stock Position in Avantis International Equity ETF (NYSEARCA:AVDE)

BSW Wealth Partners reduced its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.1% in the 4th quarter, HoldingsChannel reports. The firm owned 590,822 shares of the company’s stock after selling 6,277 shares during the quarter. Avantis International Equity ETF makes up 5.3% of BSW Wealth Partners’ portfolio, making the stock its 3rd biggest position. BSW Wealth Partners’ holdings in Avantis International Equity ETF were worth $36,259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Global Wealth Strategies & Associates acquired a new position in Avantis International Equity ETF during the 4th quarter worth approximately $32,000. Voisard Asset Management Group Inc. bought a new stake in shares of Avantis International Equity ETF during the third quarter valued at approximately $41,000. NBC Securities Inc. raised its position in shares of Avantis International Equity ETF by 17.6% during the third quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock worth $98,000 after purchasing an additional 220 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Avantis International Equity ETF in the 3rd quarter worth $106,000. Finally, EnRich Financial Partners LLC grew its position in Avantis International Equity ETF by 17.4% in the 3rd quarter. EnRich Financial Partners LLC now owns 2,560 shares of the company’s stock valued at $172,000 after purchasing an additional 380 shares during the period.

Avantis International Equity ETF Stock Performance

AVDE stock opened at $63.74 on Wednesday. The business has a 50-day simple moving average of $62.66 and a two-hundred day simple moving average of $63.89. The company has a market capitalization of $4.41 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 52-week low of $58.59 and a 52-week high of $67.83.

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.