Madrid Wealth Management LLC Purchases New Stake in Avantis Emerging Markets ex-China Equity ETF $AVXC

Madrid Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,442 shares of the company’s stock, valued at approximately $1,559,000. Avantis Emerging Markets ex-China Equity ETF makes up approximately 1.3% of Madrid Wealth Management LLC’s holdings, making the stock its 22nd largest position. Madrid Wealth Management LLC owned approximately 0.70% of Avantis Emerging Markets ex-China Equity ETF at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AVXC. MAI Capital Management acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the third quarter valued at approximately $26,000. Bank of America Corp DE bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at $33,000. Osaic Holdings Inc. bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at $78,000. Asset Dedication LLC raised its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 249.3% during the 3rd quarter. Asset Dedication LLC now owns 1,715 shares of the company’s stock worth $103,000 after buying an additional 1,224 shares in the last quarter. Finally, Advyzon Investment Management LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth $243,000.

Avantis Emerging Markets ex-China Equity ETF Stock Up 2.2%

NASDAQ:AVXC opened at $77.22 on Friday. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $49.97 and a twelve month high of $77.34. The stock’s 50-day simple moving average is $71.51 and its 200 day simple moving average is $67.21. The firm has a market capitalization of $339.77 million, a PE ratio of 13.75 and a beta of 0.63.

Avantis Emerging Markets ex-China Equity ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Tuesday, March 10th were paid a $0.0191 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.08 annualized dividend and a yield of 0.1%.

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.