2,948,595 Shares in Avantis International Equity ETF $AVDE Purchased by Vantagepoint Investment Advisers LLC

Vantagepoint Investment Advisers LLC acquired a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 2,948,595 shares of the company’s stock, valued at approximately $232,644,000. Avantis International Equity ETF accounts for 1.9% of Vantagepoint Investment Advisers LLC’s holdings, making the stock its 23rd largest position.

Several other hedge funds have also made changes to their positions in the company. Glassman Wealth Services bought a new stake in Avantis International Equity ETF during the second quarter valued at about $25,000. Evolution Wealth Management Inc. purchased a new stake in Avantis International Equity ETF in the second quarter valued at $32,000. AdvisorNet Financial Inc raised its position in Avantis International Equity ETF by 234.4% during the second quarter. AdvisorNet Financial Inc now owns 642 shares of the company’s stock valued at $48,000 after acquiring an additional 450 shares in the last quarter. Bessemer Group Inc. acquired a new position in shares of Avantis International Equity ETF in the 2nd quarter valued at $57,000. Finally, Crewe Advisors LLC purchased a new position in Avantis International Equity ETF during the second quarter worth approximately $58,000.

Avantis International Equity ETF Stock Up 0.7%

AVDE opened at $86.64 on Friday. The company has a market cap of $12.63 billion, a price-to-earnings ratio of 14.71 and a beta of 0.84. Avantis International Equity ETF has a 52-week low of $58.56 and a 52-week high of $86.69. The firm’s fifty day simple moving average is $82.29 and its two-hundred day simple moving average is $79.15.

About Avantis International Equity ETF

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.