Avantis Emerging Markets ex-China Equity ETF to Issue Dividend of $0.88 (NASDAQ:AVXC)

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) declared a dividend on Monday, December 15th. Shareholders of record on Tuesday, December 16th will be given a dividend of 0.877 per share on Thursday, December 18th. This represents a yield of 286.0%. The ex-dividend date is Tuesday, December 16th.

Avantis Emerging Markets ex-China Equity ETF Trading Down 2.3%

NASDAQ:AVXC traded down $1.42 on Tuesday, hitting $61.42. 15,370 shares of the stock were exchanged, compared to its average volume of 18,891. The stock has a fifty day moving average of $62.11 and a 200-day moving average of $58.96. The stock has a market cap of $178.12 million, a PE ratio of 13.75 and a beta of 0.47. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $43.21 and a fifty-two week high of $63.69.

Institutional Investors Weigh In On Avantis Emerging Markets ex-China Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. MAI Capital Management bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter worth approximately $26,000. Asset Dedication LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth $28,000. Bank of America Corp DE acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter worth $33,000. BSW Wealth Partners lifted its stake in Avantis Emerging Markets ex-China Equity ETF by 11.9% in the second quarter. BSW Wealth Partners now owns 6,578 shares of the company’s stock valued at $372,000 after buying an additional 702 shares during the last quarter. Finally, Red Lighthouse Investment Management LLC boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 22.3% during the third quarter. Red Lighthouse Investment Management LLC now owns 4,811 shares of the company’s stock valued at $288,000 after acquiring an additional 878 shares during the period.

Avantis Emerging Markets ex-China Equity ETF Company 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.