Verus Wealth Management LLC Purchases New Holdings in Avantis International Equity ETF $AVDE

Verus Wealth Management LLC acquired a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 46,921 shares of the company’s stock, valued at approximately $3,863,000. Avantis International Equity ETF makes up approximately 3.6% of Verus Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding.

Several other large investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Avantis International Equity ETF by 4.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock valued at $429,545,000 after purchasing an additional 206,717 shares in the last quarter. Ameriprise Financial Inc. raised its position in Avantis International Equity ETF by 357.3% during the third quarter. Ameriprise Financial Inc. now owns 4,932,115 shares of the company’s stock valued at $388,855,000 after buying an additional 3,853,677 shares during the period. Envestnet Asset Management Inc. lifted its stake in Avantis International Equity ETF by 140.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,068,689 shares of the company’s stock worth $321,020,000 after acquiring an additional 2,377,932 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Avantis International Equity ETF by 4.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,047,221 shares of the company’s stock worth $299,535,000 after acquiring an additional 160,658 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in Avantis International Equity ETF by 8.8% during the 3rd quarter. American Century Companies Inc. now owns 3,671,927 shares of the company’s stock worth $289,715,000 after acquiring an additional 295,670 shares during the period.

Avantis International Equity ETF Price Performance

NYSEARCA:AVDE opened at $86.15 on Thursday. Avantis International Equity ETF has a fifty-two week low of $58.56 and a fifty-two week high of $92.60. The stock’s 50-day moving average is $87.53 and its two-hundred day moving average is $83.10. The stock has a market cap of $12.99 billion, a PE ratio of 14.71 and a beta of 0.84.

Avantis International Equity ETF Company 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.