Avantis Global Credit ETF (NASDAQ:AVGB) Shares Up 0.2% – Should You Buy?

Avantis Global Credit ETF (NASDAQ:AVGB) shares rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $51.66 and last traded at $51.63. Approximately 305 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 450 shares. The stock had previously closed at $51.53.

Avantis Global Credit ETF Stock Up 0.2%

The company has a 50 day moving average of $51.55 and a 200-day moving average of $51.05.

Avantis Global Credit ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Tuesday, September 23rd were paid a $0.3283 dividend. The ex-dividend date was Tuesday, September 23rd. This represents a $1.31 annualized dividend and a dividend yield of 2.5%.

Institutional Trading of Avantis Global Credit ETF

Institutional investors have recently bought and sold shares of the business. Plancorp LLC bought a new stake in Avantis Global Credit ETF in the 3rd quarter valued at about $239,000. Werba Rubin Papier Wealth Management increased its holdings in shares of Avantis Global Credit ETF by 23.7% during the third quarter. Werba Rubin Papier Wealth Management now owns 5,344 shares of the company’s stock worth $274,000 after purchasing an additional 1,025 shares during the period. Finally, American Century Companies Inc. acquired a new stake in shares of Avantis Global Credit ETF in the second quarter valued at approximately $8,892,000.

Avantis Global Credit ETF Company Profile

Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers