Highland Financial Advisors LLC Has $36.13 Million Stock Position in Avantis International Equity ETF $AVDE

Highland Financial Advisors LLC increased its position in Avantis International Equity ETF (NYSEARCA:AVDE) by 66.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 405,093 shares of the company’s stock after buying an additional 161,373 shares during the period. Avantis International Equity ETF accounts for approximately 7.9% of Highland Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Highland Financial Advisors LLC owned about 0.21% of Avantis International Equity ETF worth $36,134,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada increased its holdings in Avantis International Equity ETF by 123.9% during the first quarter. Royal Bank of Canada now owns 80,754 shares of the company’s stock worth $5,352,000 after buying an additional 44,683 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Avantis International Equity ETF by 49.2% during the first quarter. Integrated Wealth Concepts LLC now owns 6,692 shares of the company’s stock valued at $443,000 after buying an additional 2,206 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Avantis International Equity ETF by 22.3% in the second quarter. Cetera Investment Advisers now owns 4,756 shares of the company’s stock worth $352,000 after buying an additional 868 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of Avantis International Equity ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock valued at $519,000 after acquiring an additional 166 shares during the period. Finally, Quantinno Capital Management LP boosted its position in shares of Avantis International Equity ETF by 48.1% in the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock valued at $445,000 after acquiring an additional 1,954 shares during the period.

Avantis International Equity ETF Trading Down 0.4%

Avantis International Equity ETF stock opened at $93.53 on Tuesday. Avantis International Equity ETF has a 1-year low of $75.39 and a 1-year high of $94.00. The firm has a market capitalization of $18.63 billion, a PE ratio of 14.71 and a beta of 0.78. The firm’s 50 day simple moving average is $90.16 and its 200 day simple moving average is $89.09.

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.