Paragon Advisors LLC Reduces Stake in Avantis All Equity Markets ETF $AVGE

Paragon Advisors LLC cut its stake in Avantis All Equity Markets ETF (NYSEARCA:AVGE) by 22.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,817 shares of the company’s stock after selling 18,581 shares during the quarter. Avantis All Equity Markets ETF comprises approximately 1.5% of Paragon Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Paragon Advisors LLC’s holdings in Avantis All Equity Markets ETF were worth $5,397,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. BIP Wealth LLC boosted its position in shares of Avantis All Equity Markets ETF by 32.4% during the 3rd quarter. BIP Wealth LLC now owns 93,322 shares of the company’s stock valued at $7,784,000 after acquiring an additional 22,860 shares during the last quarter. B&D White Capital Company LLC increased its position in Avantis All Equity Markets ETF by 100.3% during the third quarter. B&D White Capital Company LLC now owns 45,161 shares of the company’s stock worth $3,767,000 after purchasing an additional 22,615 shares during the last quarter. Jane Street Group LLC acquired a new stake in Avantis All Equity Markets ETF during the second quarter worth about $1,694,000. CWM LLC raised its stake in Avantis All Equity Markets ETF by 34,603.4% during the third quarter. CWM LLC now owns 20,475 shares of the company’s stock worth $1,708,000 after purchasing an additional 20,416 shares during the period. Finally, Meredith Wealth Planning raised its stake in Avantis All Equity Markets ETF by 9.3% during the third quarter. Meredith Wealth Planning now owns 160,562 shares of the company’s stock worth $13,392,000 after purchasing an additional 13,682 shares during the period.

Avantis All Equity Markets ETF Trading Up 0.8%

NYSEARCA:AVGE opened at $88.47 on Thursday. The company’s 50-day moving average is $90.61 and its two-hundred day moving average is $86.73. Avantis All Equity Markets ETF has a 1-year low of $61.77 and a 1-year high of $94.09.

Avantis All Equity Markets ETF Company Profile

The Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through investments in equity portfolios holding a wide variety of securities with higher expected returns. AVGE was launched on Sep 27, 2022 and is managed by American Century Investments.