Avantis International Equity ETF (NYSEARCA:AVDE) is Werba Rubin Papier Wealth Management’s 2nd Largest Position

Werba Rubin Papier Wealth Management raised its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 743,671 shares of the company’s stock after purchasing an additional 42,028 shares during the period. Avantis International Equity ETF accounts for about 11.7% of Werba Rubin Papier Wealth Management’s holdings, making the stock its 2nd biggest position. Werba Rubin Papier Wealth Management owned 1.07% of Avantis International Equity ETF worth $49,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. USAdvisors Wealth Management LLC lifted its holdings in shares of Avantis International Equity ETF by 1.0% in the 1st quarter. USAdvisors Wealth Management LLC now owns 16,790 shares of the company’s stock valued at $1,072,000 after purchasing an additional 168 shares during the last quarter. Aprio Wealth Management LLC lifted its stake in Avantis International Equity ETF by 2.8% in the third quarter. Aprio Wealth Management LLC now owns 6,210 shares of the company’s stock valued at $416,000 after buying an additional 170 shares during the last quarter. Private Wealth Management Group LLC boosted its holdings in shares of Avantis International Equity ETF by 1.8% in the first quarter. Private Wealth Management Group LLC now owns 9,594 shares of the company’s stock valued at $612,000 after acquiring an additional 174 shares during the period. Transcendent Capital Group LLC grew its position in shares of Avantis International Equity ETF by 0.5% during the first quarter. Transcendent Capital Group LLC now owns 39,393 shares of the company’s stock worth $2,511,000 after acquiring an additional 211 shares during the last quarter. Finally, NBC Securities Inc. increased its holdings in shares of Avantis International Equity ETF by 17.6% in the 3rd quarter. NBC Securities Inc. now owns 1,471 shares of the company’s stock valued at $98,000 after acquiring an additional 220 shares during the period.

Avantis International Equity ETF Price Performance

AVDE stock opened at $65.92 on Friday. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. The company has a fifty day moving average price of $65.44 and a 200 day moving average price of $64.10. Avantis International Equity ETF has a 12 month low of $52.86 and a 12 month high of $67.83.

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.