M Wealth Management LLC Makes New Investment in Avantis All Equity Markets Value ETF (NYSEARCA:AVGV)

M Wealth Management LLC purchased a new stake in Avantis All Equity Markets Value ETF (NYSEARCA:AVGV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 31,402 shares of the company’s stock, valued at approximately $1,915,000. Avantis All Equity Markets Value ETF makes up about 1.7% of M Wealth Management LLC’s portfolio, making the stock its 12th biggest position. M Wealth Management LLC owned approximately 2.73% of Avantis All Equity Markets Value ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ridgeline Wealth LLC acquired a new stake in shares of Avantis All Equity Markets Value ETF in the fourth quarter worth $9,610,000. Evanson Asset Management LLC boosted its position in Avantis All Equity Markets Value ETF by 32.9% during the 4th quarter. Evanson Asset Management LLC now owns 18,191 shares of the company’s stock worth $1,109,000 after acquiring an additional 4,507 shares during the period. Vawter Financial Ltd. grew its stake in Avantis All Equity Markets Value ETF by 7.2% during the 3rd quarter. Vawter Financial Ltd. now owns 5,143 shares of the company’s stock valued at $323,000 after acquiring an additional 345 shares in the last quarter. Finally, Austin Wealth Management LLC acquired a new position in shares of Avantis All Equity Markets Value ETF in the 3rd quarter valued at about $277,000.

Avantis All Equity Markets Value ETF Stock Performance

AVGV stock opened at $63.66 on Thursday. The firm has a 50 day simple moving average of $62.83 and a 200 day simple moving average of $61.88. Avantis All Equity Markets Value ETF has a 52 week low of $55.04 and a 52 week high of $65.33.

Avantis All Equity Markets Value ETF Profile

The Avantis All Equity Markets Value ETF (AVGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in global equity portfolios, weighted by geography. It seeks long-term capital appreciation through factor-investing, focusing on securities with value characteristics and higher expected returns.