NewEdge Advisors LLC Purchases New Position in Avantis U.S. Quality ETF $AVUQ

NewEdge Advisors LLC bought a new stake in Avantis U.S. Quality ETF (NASDAQ:AVUQFree Report) in the first quarter, HoldingsChannel reports. The fund bought 122,094 shares of the company’s stock, valued at approximately $6,927,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC acquired a new stake in shares of Avantis U.S. Quality ETF in the fourth quarter valued at approximately $15,710,000. Torren Management LLC acquired a new position in shares of Avantis U.S. Quality ETF in the 4th quarter valued at $11,641,000. Haven Private LLC purchased a new stake in Avantis U.S. Quality ETF in the 4th quarter valued at $695,000. EnRich Financial Partners LLC acquired a new stake in Avantis U.S. Quality ETF during the 4th quarter worth $397,000. Finally, Citadel Advisors LLC acquired a new stake in Avantis U.S. Quality ETF during the 3rd quarter worth $298,000.

Avantis U.S. Quality ETF Stock Down 0.3%

NASDAQ AVUQ opened at $67.71 on Tuesday. The firm has a market cap of $297.92 million, a P/E ratio of 29.10 and a beta of 1.16. Avantis U.S. Quality ETF has a 52-week low of $54.65 and a 52-week high of $68.38. The business’s 50-day moving average price is $65.73 and its 200 day moving average price is $62.81.

Avantis U.S. Quality ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 9th were paid a $0.0652 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, June 9th.

About Avantis U.S. Quality ETF

(Free Report)

?The Avantis U.S. Quality ETF (AVUQ) seeks long-term capital appreciation by investing primarily in a diverse group of U.S. companies across various market capitalizations, sectors, and industry groups. The fund emphasizes growth companies, aiming to provide investors with exposure to firms that exhibit strong growth potential.

Further Reading

Want to see what other hedge funds are holding AVUQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis U.S. Quality ETF (NASDAQ:AVUQFree Report).

Institutional Ownership by Quarter for Avantis U.S. Quality ETF (NASDAQ:AVUQ)

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