Wealth Management Partners LLC Has $24.90 Million Holdings in Avantis All International Markets Equity ETF $AVNM

Wealth Management Partners LLC boosted its holdings in shares of Avantis All International Markets Equity ETF (NYSEARCA:AVNM) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,676 shares of the company’s stock after acquiring an additional 8,654 shares during the period. Avantis All International Markets Equity ETF comprises about 7.1% of Wealth Management Partners LLC’s portfolio, making the stock its 2nd largest position. Wealth Management Partners LLC owned approximately 5.29% of Avantis All International Markets Equity ETF worth $24,899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVNM. Hutchens & Kramer Investment Management Group LLC raised its holdings in shares of Avantis All International Markets Equity ETF by 49.6% in the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 6,747 shares of the company’s stock valued at $496,000 after purchasing an additional 2,237 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new stake in shares of Avantis All International Markets Equity ETF in the 3rd quarter worth approximately $1,432,000. Susquehanna International Group LLP bought a new position in shares of Avantis All International Markets Equity ETF during the third quarter valued at approximately $288,000. Ausdal Financial Partners Inc. increased its holdings in Avantis All International Markets Equity ETF by 6.2% during the third quarter. Ausdal Financial Partners Inc. now owns 44,058 shares of the company’s stock valued at $3,111,000 after buying an additional 2,577 shares during the period. Finally, Modern Wealth Management LLC purchased a new position in Avantis All International Markets Equity ETF during the third quarter valued at approximately $315,000.

Avantis All International Markets Equity ETF Stock Down 0.5%

Shares of NYSEARCA:AVNM opened at $75.14 on Wednesday. The firm has a 50 day moving average of $78.96 and a 200 day moving average of $74.35. The company has a market capitalization of $503.44 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. Avantis All International Markets Equity ETF has a 52 week low of $51.41 and a 52 week high of $83.61.

About Avantis All International Markets Equity ETF

The Avantis All International Markets Equity ETF (AVNM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in international equity portfolios, typically heavily weighted towards developed markets outside the US. It seeks long-term capital appreciation through securities with higher expected returns. AVNM was launched on Jun 27, 2023 and is managed by American Century Investments.