WMG Financial Advisors LLC Grows Stock Position in Avantis All Equity Markets ETF (NYSEARCA:AVGE)

WMG Financial Advisors LLC increased its holdings in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,776 shares of the company’s stock after buying an additional 342 shares during the period. WMG Financial Advisors LLC’s holdings in Avantis All Equity Markets ETF were worth $1,286,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AVGE. Strategic Financial Concepts LLC lifted its holdings in Avantis All Equity Markets ETF by 12,632.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 931,236 shares of the company’s stock valued at $67,394,000 after purchasing an additional 923,922 shares in the last quarter. Meredith Wealth Planning lifted its holdings in Avantis All Equity Markets ETF by 58.0% in the 4th quarter. Meredith Wealth Planning now owns 82,919 shares of the company’s stock valued at $6,001,000 after purchasing an additional 30,450 shares in the last quarter. Wealthstream Advisors Inc. lifted its holdings in Avantis All Equity Markets ETF by 19.0% in the 4th quarter. Wealthstream Advisors Inc. now owns 145,224 shares of the company’s stock valued at $10,510,000 after purchasing an additional 23,143 shares in the last quarter. Ridgeline Wealth LLC purchased a new position in Avantis All Equity Markets ETF in the 4th quarter valued at about $1,539,000. Finally, Yardley Wealth Management LLC purchased a new position in Avantis All Equity Markets ETF in the 3rd quarter valued at about $1,513,000.

Avantis All Equity Markets ETF Trading Down 1.2 %

NYSEARCA:AVGE opened at $72.91 on Tuesday. The firm has a market cap of $473.19 million, a price-to-earnings ratio of 16.74 and a beta of 1.05. The company’s 50-day moving average is $74.03 and its two-hundred day moving average is $73.78. Avantis All Equity Markets ETF has a 12-month low of $65.71 and a 12-month high of $76.92.

About Avantis All Equity Markets ETF

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns.