Avantis U.S. Quality ETF $AVUQ Shares Acquired by Kooman & Associates

Kooman & Associates boosted its stake in Avantis U.S. Quality ETF (NASDAQ:AVUQ) by 3.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 239,810 shares of the company’s stock after purchasing an additional 8,383 shares during the period. Avantis U.S. Quality ETF makes up 4.3% of Kooman & Associates’ portfolio, making the stock its 6th largest position. Kooman & Associates’ holdings in Avantis U.S. Quality ETF were worth $16,259,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EnRich Financial Partners LLC grew its position in shares of Avantis U.S. Quality ETF by 4.7% during the 3rd quarter. EnRich Financial Partners LLC now owns 108,523 shares of the company’s stock valued at $7,358,000 after acquiring an additional 4,838 shares during the period. Lauterbach Financial Advisors LLC purchased a new stake in shares of Avantis U.S. Quality ETF during the 3rd quarter worth approximately $245,000. Herold Advisors Inc. increased its stake in shares of Avantis U.S. Quality ETF by 1.4% during the 3rd quarter. Herold Advisors Inc. now owns 13,722 shares of the company’s stock worth $930,000 after purchasing an additional 196 shares during the last quarter. TrustWell Financial Advisors LLC raised its holdings in shares of Avantis U.S. Quality ETF by 4.7% in the 3rd quarter. TrustWell Financial Advisors LLC now owns 151,671 shares of the company’s stock worth $10,283,000 after purchasing an additional 6,848 shares during the period. Finally, GEM Asset Management LLC bought a new stake in shares of Avantis U.S. Quality ETF in the 3rd quarter worth approximately $593,000.

Avantis U.S. Quality ETF Trading Up 0.9%

Avantis U.S. Quality ETF stock opened at $67.58 on Thursday. Avantis U.S. Quality ETF has a 12 month low of $54.65 and a 12 month high of $69.56. The business’s 50 day simple moving average is $67.45 and its 200 day simple moving average is $65.83. The company has a market cap of $425.78 million, a price-to-earnings ratio of 29.10 and a beta of 1.14.

Avantis U.S. Quality ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, September 8th were given a $0.0428 dividend. This is a decrease from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.0652. This represents a $0.17 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, September 8th.

Avantis U.S. Quality ETF 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.