Thayer Financial L.L.C. Invests $1.71 Million in Avantis International Equity ETF $AVDE

Thayer Financial L.L.C. bought a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 20,706 shares of the company’s stock, valued at approximately $1,705,000. Avantis International Equity ETF makes up about 1.8% of Thayer Financial L.L.C.’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. boosted its holdings in Avantis International Equity ETF by 357.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after purchasing an additional 3,853,677 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Avantis International Equity ETF during the 3rd quarter worth approximately $232,644,000. Envestnet Asset Management Inc. raised its stake in shares of Avantis International Equity ETF by 140.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock worth $321,020,000 after buying an additional 2,377,932 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Avantis International Equity ETF by 345.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,639,746 shares of the company’s stock valued at $208,276,000 after buying an additional 2,046,558 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Avantis International Equity ETF by 134.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,703,438 shares of the company’s stock valued at $213,301,000 after buying an additional 1,552,177 shares during the period.

Avantis International Equity ETF Price Performance

Avantis International Equity ETF stock opened at $83.14 on Wednesday. The stock’s 50 day moving average price is $87.72 and its 200 day moving average price is $82.90. Avantis International Equity ETF has a 1-year low of $58.56 and a 1-year high of $92.60. The company has a market cap of $12.54 billion, a PE 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.