Grove Bank & Trust Increases Stock Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Grove Bank & Trust increased its stake in Avantis International Equity ETF (NYSEARCA:AVDE) by 6.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,868 shares of the company’s stock after acquiring an additional 1,622 shares during the quarter. Grove Bank & Trust’s holdings in Avantis International Equity ETF were worth $1,649,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AVDE. Annex Advisory Services LLC lifted its position in shares of Avantis International Equity ETF by 29.0% in the third quarter. Annex Advisory Services LLC now owns 5,760,406 shares of the company’s stock valued at $386,120,000 after acquiring an additional 1,295,471 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new position in Avantis International Equity ETF in the 2nd quarter valued at $27,515,000. Executive Wealth Management LLC acquired a new stake in Avantis International Equity ETF during the 3rd quarter worth $26,196,000. Simplicity Wealth LLC grew its holdings in shares of Avantis International Equity ETF by 1,002.3% during the third quarter. Simplicity Wealth LLC now owns 370,453 shares of the company’s stock worth $24,831,000 after buying an additional 336,845 shares in the last quarter. Finally, Yardley Wealth Management LLC purchased a new stake in shares of Avantis International Equity ETF during the third quarter worth $21,852,000.

Avantis International Equity ETF Trading Up 0.5 %

NYSEARCA:AVDE opened at $62.15 on Friday. The company has a market cap of $4.30 billion, a P/E ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a twelve month low of $58.42 and a twelve month high of $67.83. The company’s 50-day moving average price is $62.63 and its 200-day moving average price is $63.90.

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.