Avantis International Equity ETF $AVDE is Trellis Wealth Advisors LLC’s 5th Largest Position

Trellis Wealth Advisors LLC increased its holdings in Avantis International Equity ETF (NYSEARCA:AVDE) by 1.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 265,169 shares of the company’s stock after acquiring an additional 3,500 shares during the period. Avantis International Equity ETF makes up about 8.5% of Trellis Wealth Advisors LLC’s holdings, making the stock its 5th largest holding. Trellis Wealth Advisors LLC’s holdings in Avantis International Equity ETF were worth $19,625,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Advyzon Investment Management LLC boosted its position in shares of Avantis International Equity ETF by 1.1% during the first quarter. Advyzon Investment Management LLC now owns 12,687 shares of the company’s stock worth $841,000 after buying an additional 144 shares during the period. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Avantis International Equity ETF by 0.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 56,304 shares of the company’s stock worth $4,167,000 after buying an additional 170 shares during the period. Seed Wealth Management Inc. boosted its position in shares of Avantis International Equity ETF by 1.1% during the first quarter. Seed Wealth Management Inc. now owns 16,665 shares of the company’s stock worth $1,104,000 after buying an additional 175 shares during the period. Aire Advisors LLC boosted its position in shares of Avantis International Equity ETF by 0.5% during the first quarter. Aire Advisors LLC now owns 37,436 shares of the company’s stock worth $2,481,000 after buying an additional 202 shares during the period. Finally, Magnus Financial Group LLC boosted its position in shares of Avantis International Equity ETF by 1.3% during the second quarter. Magnus Financial Group LLC now owns 15,561 shares of the company’s stock worth $1,152,000 after buying an additional 207 shares during the period.

Avantis International Equity ETF Trading Up 0.8%

NYSEARCA:AVDE opened at $79.98 on Friday. The firm has a market cap of $9.83 billion, a PE ratio of 14.71 and a beta of 0.94. The stock has a fifty day moving average price of $77.04 and a 200 day moving average price of $72.70. Avantis International Equity ETF has a 12-month low of $58.56 and a 12-month high of $80.09.

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.