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Annandale Capital and Envestnet increased their stakes in international stock ETFs, totaling over $883 million.
Annandale Capital LLC slightly increased its holdings in the Avantis International Equity ETF (AVDE), now owning 105,392 shares worth about $6.47 million.
Meanwhile, Envestnet Asset Management Inc. boosted its stake in the Avantis Emerging Markets Equity ETF (AVEM) by 8.1%, now owning 14.9 million shares worth $876.88 million.
Both ETFs focus on international stocks, with AVDE targeting smaller, value companies in developed markets, while AVEM aims for capital appreciation through emerging-market equities.
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Annandale Capital y Envestnet aumentaron sus participaciones en ETFs de acciones internacionales, sumando más de $883 millones.