Northwestern Mutual Wealth Management Co. Grows Holdings in Avantis International Equity ETF $AVDE

Northwestern Mutual Wealth Management Co. increased its position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) by 17.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,162,431 shares of the company’s stock after purchasing an additional 458,993 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Avantis International Equity ETF were worth $260,331,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Avantis International Equity ETF by 4.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,102,049 shares of the company’s stock worth $429,545,000 after purchasing an additional 206,717 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings 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 worth $388,855,000 after acquiring an additional 3,853,677 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Avantis International Equity ETF by 140.6% during the third 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 during the period. Corient Private Wealth LLC lifted its holdings in Avantis International Equity ETF by 4.1% during the second quarter. Corient Private Wealth LLC now owns 4,047,220 shares of the company’s stock worth $299,535,000 after acquiring an additional 160,657 shares during the period. Finally, American Century Companies Inc. lifted its holdings in Avantis International Equity ETF by 8.8% during the third 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 Trading Down 0.2%

Shares of Avantis International Equity ETF stock opened at $91.38 on Friday. The business’s fifty day simple moving average is $88.33 and its 200 day simple moving average is $86.04. The firm has a market capitalization of $16.05 billion, a P/E ratio of 14.71 and a beta of 0.78. Avantis International Equity ETF has a 12 month low of $72.08 and a 12 month high of $92.60.

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.