Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Declares Quarterly Dividend of $0.44

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) announced a quarterly dividend on Monday, June 8th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 9th will be paid a dividend of 0.4432 per share on Thursday, June 11th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, June 9th. This is a 2,220.4% increase from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02.

Avantis Emerging Markets ex-China Equity ETF Trading Down 0.5%

Shares of NASDAQ AVXC traded down $0.39 during midday trading on Tuesday, reaching $80.46. The company had a trading volume of 45,193 shares, compared to its average volume of 39,113. The business’s 50-day simple moving average is $77.35 and its 200 day simple moving average is $70.77. The stock has a market cap of $354.02 million, a P/E ratio of 13.75 and a beta of 0.87. Avantis Emerging Markets ex-China Equity ETF has a 1 year low of $54.26 and a 1 year high of $86.80.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MAI Capital Management acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth about $26,000. Bank of Montreal Can acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth about $28,000. Bank of America Corp DE acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth about $33,000. AdvisorNet Financial Inc acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $39,000. Finally, Bogart Wealth LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $47,000.

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.