Avantis Emerging Markets ex-China Equity ETF $AVXC Shares Purchased by Madrid Wealth Management LLC

Madrid Wealth Management LLC raised its position in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) by 28.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,462 shares of the company’s stock after buying an additional 7,020 shares during the period. Avantis Emerging Markets ex-China Equity ETF makes up about 1.6% of Madrid Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Madrid Wealth Management LLC owned approximately 0.73% of Avantis Emerging Markets ex-China Equity ETF worth $2,128,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AVXC. AE Wealth Management LLC increased its position in shares of Avantis Emerging Markets ex-China Equity ETF by 56.4% during the fourth quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock worth $66,701,000 after acquiring an additional 377,075 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Avantis Emerging Markets ex-China Equity ETF by 59.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 323,614 shares of the company’s stock valued at $19,394,000 after purchasing an additional 121,195 shares during the last quarter. Jane Street Group LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at about $5,132,000. Mach 1 Financial Group LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at approximately $3,211,000. Finally, Networth Advisors LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at approximately $1,950,000.

Avantis Emerging Markets ex-China Equity ETF Stock Down 1.1%

AVXC stock opened at $83.77 on Friday. The stock’s 50 day moving average is $81.38 and its two-hundred day moving average is $72.90. Avantis Emerging Markets ex-China Equity ETF has a 52-week low of $55.65 and a 52-week high of $88.77. The company has a market capitalization of $368.59 million, a PE ratio of 13.75 and a beta of 0.87.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.4432 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.77 dividend on an annualized basis and a dividend yield of 2.1%.

Avantis Emerging Markets ex-China Equity ETF Profile

The Avantis Emerging Markets ex-China Equity ETF (AVXC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in emerging market companies (excluding China) with high profitability and value characteristics. The fund seeks long-term capital growth AVXC was launched on Mar 19, 2024 and is issued by American Century Investments.