Avantis U.S. Quality ETF (NASDAQ:AVUQ) to Issue Dividend Increase – $0.06 Per Share

Avantis U.S. Quality ETF (NASDAQ:AVUQ) announced a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 16th will be given a dividend of 0.0574 per share on Thursday, December 18th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, December 16th. This is a 52.7% increase from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04.

Avantis U.S. Quality ETF Stock Performance

NASDAQ:AVUQ traded up $0.07 during mid-day trading on Tuesday, hitting $59.66. 1,256 shares of the company’s stock traded hands, compared to its average volume of 5,651. The company has a market capitalization of $173.01 million, a P/E ratio of 29.10 and a beta of 1.26. The company has a fifty day moving average of $59.93 and a 200 day moving average of $57.24. Avantis U.S. Quality ETF has a twelve month low of $43.33 and a twelve month high of $62.17.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Tripletail Wealth Management LLC purchased a new stake in Avantis U.S. Quality ETF in the 3rd quarter worth approximately $25,000. Plancorp LLC purchased a new position in shares of Avantis U.S. Quality ETF during the 3rd quarter worth $213,000. Citadel Advisors LLC acquired a new position in shares of Avantis U.S. Quality ETF during the 3rd quarter valued at about $298,000. Legacy Financial Group Inc. purchased a new stake in shares of Avantis U.S. Quality ETF in the second quarter valued at about $410,000. Finally, True Wealth Design LLC acquired a new stake in Avantis U.S. Quality ETF during the second quarter worth about $1,557,000.

Avantis U.S. Quality ETF Company Profile

​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.