Avantis Emerging Markets ex-China Equity ETF Announces 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 Price Performance

Shares of NASDAQ:AVXC traded down $1.42 during trading hours on Tuesday, hitting $61.42. The company’s stock had a trading volume of 15,370 shares, compared to its average volume of 18,891. Avantis Emerging Markets ex-China Equity ETF has a 52 week low of $43.21 and a 52 week high of $63.69. The company has a market capitalization of $178.12 million, a price-to-earnings ratio of 13.75 and a beta of 0.47. The firm’s fifty day moving average price is $62.11 and its 200 day moving average price is $58.96.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Asset Dedication LLC grew its stake in Avantis Emerging Markets ex-China Equity ETF by 249.3% in the third quarter. Asset Dedication LLC now owns 1,715 shares of the company’s stock valued at $103,000 after purchasing an additional 1,224 shares during the last quarter. Corus Family Wealth Advisors lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 55.0% during the third quarter. Corus Family Wealth Advisors now owns 12,452 shares of the company’s stock valued at $746,000 after buying an additional 4,417 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 59.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 323,614 shares of the company’s stock valued at $19,394,000 after buying an additional 121,195 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter worth approximately $33,000. Finally, MAI Capital Management bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth approximately $26,000.

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.