Prudent Man Investment Management Inc. Has $643,000 Stock Position in Avantis Emerging Markets ex-China Equity ETF $AVXC

Prudent Man Investment Management Inc. decreased its stake in shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) by 53.6% during the 4th quarter, Holdings Channel reports. The firm owned 10,086 shares of the company’s stock after selling 11,664 shares during the period. Avantis Emerging Markets ex-China Equity ETF comprises about 0.2% of Prudent Man Investment Management Inc.’s investment portfolio, making the stock its 14th biggest position. Prudent Man Investment Management Inc.’s holdings in Avantis Emerging Markets ex-China Equity ETF were worth $643,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AVXC. JPMorgan Chase & Co. increased its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 18.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 52,971 shares of the company’s stock worth $2,999,000 after acquiring an additional 8,086 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth approximately $5,132,000. Osaic Holdings Inc. acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth approximately $78,000. Pacific Sage Partners LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth approximately $8,840,000. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 34.7% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 96,208 shares of the company’s stock worth $5,766,000 after acquiring an additional 24,770 shares during the last quarter.

Avantis Emerging Markets ex-China Equity ETF Trading Up 4.9%

AVXC stock opened at $82.89 on Friday. The firm has a market capitalization of $364.72 million, a PE ratio of 13.75 and a beta of 0.87. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $54.26 and a 1-year high of $86.80. The business’s 50 day simple moving average is $78.22 and its 200 day simple moving average is $71.19.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

About Avantis Emerging Markets ex-China Equity ETF

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.