Waypoint Wealth Partners Inc. Reduces Holdings in Avantis International Equity ETF (NYSEARCA:AVDE)

Waypoint Wealth Partners Inc. cut its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 0.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 918,324 shares of the company’s stock after selling 1,162 shares during the quarter. Avantis International Equity ETF comprises 15.4% of Waypoint Wealth Partners Inc.’s holdings, making the stock its 3rd largest position. Waypoint Wealth Partners Inc. owned 1.33% of Avantis International Equity ETF worth $56,358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MN Wealth Advisors LLC grew its holdings in Avantis International Equity ETF by 2.8% during the fourth quarter. MN Wealth Advisors LLC now owns 8,429 shares of the company’s stock worth $517,000 after acquiring an additional 230 shares during the period. Strategic Financial Concepts LLC lifted its position in Avantis International Equity ETF by 28.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 104,652 shares of the company’s stock worth $6,423,000 after buying an additional 23,442 shares in the last quarter. Lakeridge Wealth Management LLC raised its position in Avantis International Equity ETF by 43.6% in the fourth quarter. Lakeridge Wealth Management LLC now owns 61,293 shares of the company’s stock valued at $3,762,000 after purchasing an additional 18,606 shares during the period. Highland Financial Advisors LLC grew its stake in shares of Avantis International Equity ETF by 5.0% in the fourth quarter. Highland Financial Advisors LLC now owns 326,231 shares of the company’s stock valued at $20,021,000 after buying an additional 15,635 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Avantis International Equity ETF by 3.3% in the fourth quarter. Blue Trust Inc. now owns 4,930 shares of the company’s stock valued at $303,000 after buying an additional 156 shares in the last quarter.

Avantis International Equity ETF Price Performance

AVDE opened at $65.90 on Friday. The business has a fifty day moving average price of $62.87 and a 200 day moving average price of $63.95. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 11.74 and a beta of 0.82. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $67.83.

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.