Paladin Wealth LLC Acquires New Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Paladin Wealth LLC bought a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 19,296 shares of the company’s stock, valued at approximately $1,184,000. Avantis International Equity ETF comprises about 1.0% of Paladin Wealth LLC’s investment portfolio, making the stock its 28th largest holding.

A number of other large investors have also added to or reduced their stakes in AVDE. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Avantis International Equity ETF in the 4th quarter worth approximately $71,000. Savant Capital LLC boosted its stake in Avantis International Equity ETF by 12.3% in the fourth quarter. Savant Capital LLC now owns 321,048 shares of the company’s stock valued at $19,703,000 after acquiring an additional 35,151 shares in the last quarter. RAM Investment Partners LLC purchased a new position in Avantis International Equity ETF in the fourth quarter worth $1,376,000. Activest Wealth Management increased its position in shares of Avantis International Equity ETF by 22.4% during the fourth quarter. Activest Wealth Management now owns 8,493 shares of the company’s stock worth $521,000 after purchasing an additional 1,553 shares in the last quarter. Finally, Visionary Horizons LLC lifted its holdings in shares of Avantis International Equity ETF by 2.1% during the 4th quarter. Visionary Horizons LLC now owns 9,165 shares of the company’s stock valued at $562,000 after purchasing an additional 191 shares during the last quarter.

Avantis International Equity ETF Price Performance

Avantis International Equity ETF stock opened at $64.71 on Tuesday. Avantis International Equity ETF has a 1-year low of $58.59 and a 1-year high of $67.83. The business has a fifty day moving average price of $62.80 and a 200-day moving average price of $63.88. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82.

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.