Ridgeline Wealth LLC Buys Shares of 43,977 Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC)

Ridgeline Wealth LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 43,977 shares of the company’s stock, valued at approximately $2,179,000. Avantis Emerging Markets ex-China Equity ETF accounts for about 1.8% of Ridgeline Wealth LLC’s holdings, making the stock its 13th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in Avantis Emerging Markets ex-China Equity ETF by 24.1% during the 3rd quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after acquiring an additional 4,435 shares during the last quarter. Verus Financial Partners Inc. acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $305,000. Trajan Wealth LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $10,911,000. Centennial Wealth Advisory LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth $474,000. Finally, Retirement Planning Group LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at $761,000.

Avantis Emerging Markets ex-China Equity ETF Trading Up 0.7 %

NASDAQ:AVXC traded up $0.35 during trading hours on Monday, hitting $50.70. 7,057 shares of the company were exchanged, compared to its average volume of 6,552. The stock has a market capitalization of $60.84 million, a price-to-earnings ratio of 12.49 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a one year low of $48.49 and a one year high of $55.72. The company has a fifty day simple moving average of $51.40 and a 200 day simple moving average of $52.50.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3867 per share. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, December 17th.

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.