Cornerstone Wealth Partners LLC Takes Position in Avantis International Equity ETF $AVDE

Cornerstone Wealth Partners LLC bought a new stake in Avantis International Equity ETF (NYSEARCA:AVDE) during the fourth quarter, Holdings Channel reports. The institutional investor bought 29,389 shares of the company’s stock, valued at approximately $2,420,000. Avantis International Equity ETF accounts for approximately 1.7% of Cornerstone Wealth Partners LLC’s investment portfolio, making the stock its 13th largest holding.

Other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of Avantis International Equity ETF by 19.6% during the fourth 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 last quarter. Clarion Wealth Managment Partners LLC increased its position in shares of Avantis International Equity ETF by 253.9% during the third 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 last quarter. Advyzon Investment Management LLC increased its position in shares of Avantis International Equity ETF by 110.2% during the third 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 last quarter. Elyxium Wealth LLC purchased a new stake in shares of Avantis International Equity ETF during the fourth quarter valued at approximately $7,587,000. Finally, Certified Advisory Corp increased its position in shares of Avantis International Equity ETF by 27.1% during the third 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 last quarter.

Avantis International Equity ETF Trading Up 0.3%

Shares of AVDE opened at $90.83 on Wednesday. The company has a market capitalization of $15.95 billion, a price-to-earnings ratio of 14.71 and a beta of 0.77. The stock has a 50 day moving average of $89.94 and a 200 day moving average of $87.02. Avantis International Equity ETF has a 12 month low of $72.08 and a 12 month 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.