Ridgeline Wealth LLC Invests $744,000 in Avantis International Equity ETF (NYSEARCA:AVDE)

Ridgeline Wealth LLC bought a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,118 shares of the company’s stock, valued at approximately $744,000. Avantis International Equity ETF makes up approximately 0.6% of Ridgeline Wealth LLC’s portfolio, making the stock its 24th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Aprio Wealth Management LLC lifted its position in shares of Avantis International Equity ETF by 2.8% during the 3rd quarter. Aprio Wealth Management LLC now owns 6,210 shares of the company’s stock worth $416,000 after buying an additional 170 shares during the last quarter. TFB Advisors LLC grew its holdings in shares of Avantis International Equity ETF by 3.0% during the third quarter. TFB Advisors LLC now owns 6,368 shares of the company’s stock worth $427,000 after purchasing an additional 184 shares during the last quarter. NBC Securities Inc. increased 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 in the last quarter. Vista Capital Partners Inc. lifted its holdings in shares of Avantis International Equity ETF by 3.7% in the 2nd quarter. Vista Capital Partners Inc. now owns 8,720 shares of the company’s stock valued at $543,000 after purchasing an additional 311 shares during the last quarter. Finally, KKM Financial LLC boosted its position in shares of Avantis International Equity ETF by 5.4% in the 3rd quarter. KKM Financial LLC now owns 7,041 shares of the company’s stock valued at $472,000 after purchasing an additional 359 shares during the period.

Avantis International Equity ETF Stock Up 0.9 %

AVDE traded up $0.54 during trading on Monday, hitting $62.09. 446,056 shares of the stock were exchanged, compared to its average volume of 389,252. Avantis International Equity ETF has a 1-year low of $57.97 and a 1-year high of $67.83. The stock has a fifty day moving average price of $63.17 and a two-hundred day moving average price of $63.98. The firm has a market capitalization of $4.30 billion, a P/E ratio of 11.74 and a beta of 0.82.

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.