Broadway Wealth Solutions Inc. Takes $9.76 Million Position in Avantis International Equity ETF (NYSEARCA:AVDE)

Broadway Wealth Solutions Inc. bought a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 159,081 shares of the company’s stock, valued at approximately $9,763,000. Avantis International Equity ETF makes up approximately 7.4% of Broadway Wealth Solutions Inc.’s investment portfolio, making the stock its 4th largest holding. Broadway Wealth Solutions Inc. owned 0.23% of Avantis International Equity ETF at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Global Wealth Strategies & Associates bought a new position in shares of Avantis International Equity ETF during the 4th quarter worth approximately $32,000. Your Advocates Ltd. LLP bought a new position in Avantis International Equity ETF during the fourth quarter worth $63,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Avantis International Equity ETF in the fourth quarter worth $71,000. Wilmington Savings Fund Society FSB bought a new stake in Avantis International Equity ETF in the third quarter valued at $106,000. Finally, MeadowBrook Investment Advisors LLC acquired a new position in shares of Avantis International Equity ETF during the fourth quarter valued at about $104,000.

Avantis International Equity ETF Price Performance

AVDE stock opened at $67.43 on Friday. The company’s 50-day moving average is $65.66 and its 200-day moving average is $64.55. The stock has a market capitalization of $6.06 billion, a PE ratio of 14.81 and a beta of 0.91. Avantis International Equity ETF has a 1 year low of $59.02 and a 1 year high of $68.81.

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.