Avantis International Equity ETF $AVDE Stake Increased by Cloud Capital Management LLC

Cloud Capital Management LLC raised its holdings in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 280.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,383 shares of the company’s stock after purchasing an additional 6,179 shares during the period. Cloud Capital Management LLC’s holdings in Avantis International Equity ETF were worth $621,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Integrity Wealth Solutions LLC bought a new stake in Avantis International Equity ETF during the second quarter valued at $662,000. Magnolia Capital Advisors LLC increased its stake in Avantis International Equity ETF by 1,213.0% during the second quarter. Magnolia Capital Advisors LLC now owns 74,830 shares of the company’s stock valued at $5,538,000 after purchasing an additional 69,131 shares during the last quarter. Transatlantique Private Wealth LLC bought a new stake in Avantis International Equity ETF during the second quarter valued at $378,000. Bridgewater Advisors Inc. increased its stake in Avantis International Equity ETF by 6.8% during the second quarter. Bridgewater Advisors Inc. now owns 442,017 shares of the company’s stock valued at $32,877,000 after purchasing an additional 28,290 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Avantis International Equity ETF by 30.9% during the second quarter. Bank of New York Mellon Corp now owns 431,240 shares of the company’s stock valued at $31,916,000 after purchasing an additional 101,903 shares during the last quarter.

Avantis International Equity ETF Price Performance

AVDE stock opened at $78.49 on Wednesday. Avantis International Equity ETF has a 1-year low of $58.56 and a 1-year high of $80.44. The firm has a fifty day moving average price of $78.62 and a two-hundred day moving average price of $75.06. The firm has a market cap of $10.17 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84.

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.