Watchman Group Inc. Invests $711,000 in Avantis International Equity ETF $AVDE

Watchman Group Inc. acquired a new position in shares of Avantis International Equity ETF (NYSEARCA:AVDE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,638 shares of the company’s stock, valued at approximately $711,000.

Several other institutional investors and hedge funds also recently modified their holdings of AVDE. Royal Bank of Canada boosted its position in shares of 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 period. Integrated Wealth Concepts LLC boosted 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 worth $443,000 after buying an additional 2,206 shares during the period. Cetera Investment Advisers boosted its position in shares of Avantis International Equity ETF by 22.3% during 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 during the period. Baird Financial Group Inc. boosted its position in shares of Avantis International Equity ETF by 2.4% during the second quarter. Baird Financial Group Inc. now owns 7,011 shares of the company’s stock worth $519,000 after buying 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% during the second quarter. Quantinno Capital Management LP now owns 6,013 shares of the company’s stock worth $445,000 after buying an additional 1,954 shares during the period.

Avantis International Equity ETF Price Performance

AVDE stock opened at $90.08 on Tuesday. The stock has a market capitalization of $15.82 billion, a P/E ratio of 14.71 and a beta of 0.78. The business has a 50-day moving average of $87.50 and a 200-day moving average of $85.39. Avantis International Equity ETF has a fifty-two week low of $71.24 and a fifty-two week high of $92.60.

Avantis International Equity ETF 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.