Avantis Global Credit ETF (NASDAQ:AVGB) Raises Dividend to $1.06 Per Share

Avantis Global Credit ETF (NASDAQ:AVGB) declared a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 16th will be paid a dividend of 1.0553 per share on Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Tuesday, December 16th. This is a 221.4% increase from Avantis Global Credit ETF’s previous quarterly dividend of $0.33.

Avantis Global Credit ETF Stock Down 1.9%

Shares of AVGB traded down $1.00 during midday trading on Tuesday, reaching $50.70. The stock had a trading volume of 517 shares, compared to its average volume of 450. The firm’s 50 day moving average price is $51.63 and its 200-day moving average price is $51.27. Avantis Global Credit ETF has a 52 week low of $50.06 and a 52 week high of $52.07.

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