Magnolia Private Wealth LLC Has $10.03 Million Holdings in Avantis International Equity ETF $AVDE

Magnolia Private Wealth LLC cut its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 30.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 121,875 shares of the company’s stock after selling 53,504 shares during the quarter. Avantis International Equity ETF comprises about 7.0% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 2nd biggest holding. Magnolia Private Wealth LLC owned 0.08% of Avantis International Equity ETF worth $10,033,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AVDE. Clarion Wealth Managment Partners LLC boosted its holdings in Avantis International Equity ETF by 253.9% during the third quarter. Clarion Wealth Managment Partners LLC now owns 44,460 shares of the company’s stock worth $3,508,000 after buying an additional 31,898 shares in the last quarter. Advyzon Investment Management LLC increased its holdings in shares of Avantis International Equity ETF by 110.2% in the third quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock valued at $3,765,000 after buying an additional 25,013 shares in the last quarter. Certified Advisory Corp lifted its position in shares of Avantis International Equity ETF by 27.1% during the 3rd quarter. Certified Advisory Corp now owns 35,052 shares of the company’s stock valued at $2,766,000 after acquiring an additional 7,471 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $7,587,000. Finally, Signature Resources Capital Management LLC boosted its stake in shares of Avantis International Equity ETF by 8.2% during the 4th quarter. Signature Resources Capital Management LLC now owns 154,258 shares of the company’s stock worth $12,699,000 after acquiring an additional 11,682 shares in the last quarter.

Avantis International Equity ETF Stock Up 0.4%

Shares of NYSEARCA AVDE opened at $90.89 on Friday. The stock’s fifty day simple moving average is $87.73 and its 200 day simple moving average is $85.61. The stock has a market capitalization of $15.96 billion, a price-to-earnings ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 52-week low of $71.38 and a 52-week high of $92.60.

Avantis International Equity ETF 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.