Tandemgrowth Financial Advisors LLC Takes Position in Avantis International Equity ETF $AVDE

Tandemgrowth Financial Advisors LLC purchased a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 21,551 shares of the company’s stock, valued at approximately $1,774,000. Avantis International Equity ETF comprises approximately 1.5% of Tandemgrowth Financial Advisors LLC’s investment portfolio, making the stock its 12th largest position.

Several other large investors have also modified their holdings of the business. EverSource Wealth Advisors LLC raised its stake in shares of Avantis International Equity ETF by 19.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 186,126 shares of the company’s stock valued at $15,322,000 after acquiring an additional 30,539 shares during the period. Clarion Wealth Managment Partners LLC raised its stake in shares of Avantis International Equity ETF by 253.9% in the 3rd quarter. Clarion Wealth Managment Partners LLC now owns 44,460 shares of the company’s stock valued at $3,508,000 after acquiring an additional 31,898 shares during the period. Advyzon Investment Management LLC raised its stake in shares of Avantis International Equity ETF by 110.2% in the 3rd quarter. Advyzon Investment Management LLC now owns 47,714 shares of the company’s stock valued at $3,765,000 after acquiring an additional 25,013 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Avantis International Equity ETF in the 4th quarter valued at approximately $7,587,000. Finally, Certified Advisory Corp raised its stake in shares of Avantis International Equity ETF by 27.1% in 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 period.

Avantis International Equity ETF Stock Performance

Avantis International Equity ETF stock opened at $89.45 on Friday. The company’s 50 day simple moving average is $89.67 and its 200-day simple moving average is $86.79. The company has a market capitalization of $15.71 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77. Avantis International Equity ETF has a 1 year low of $72.08 and a 1 year 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.