Avantis U.S. Quality ETF $AVUQ Stake Lifted by Plancorp LLC

Plancorp LLC lifted its stake in Avantis U.S. Quality ETF (NASDAQ:AVUQ) by 337.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,315 shares of the company’s stock after buying an additional 16,440 shares during the period. Plancorp LLC owned approximately 0.34% of Avantis U.S. Quality ETF worth $1,385,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. NewEdge Advisors LLC acquired a new stake in Avantis U.S. Quality ETF during the 1st quarter worth $6,927,000. B&D White Capital Company LLC boosted its stake in Avantis U.S. Quality ETF by 11.8% in the third quarter. B&D White Capital Company LLC now owns 361,236 shares of the company’s stock valued at $24,492,000 after acquiring an additional 38,248 shares in the last quarter. GEM Asset Management LLC acquired a new position in Avantis U.S. Quality ETF in the third quarter valued at $593,000. Kooman & Associates grew its holdings in shares of Avantis U.S. Quality ETF by 3.6% during the third quarter. Kooman & Associates now owns 239,810 shares of the company’s stock worth $16,259,000 after purchasing an additional 8,383 shares during the last quarter. Finally, TrustWell Financial Advisors LLC grew its holdings in shares of Avantis U.S. Quality ETF by 4.7% during the third 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 last quarter.

Avantis U.S. Quality ETF Stock Performance

AVUQ opened at $62.55 on Friday. Avantis U.S. Quality ETF has a one year low of $54.65 and a one year high of $69.56. The stock has a market capitalization of $394.06 million, a P/E ratio of 29.10 and a beta of 1.18. The business’s 50-day simple moving average is $66.98 and its 200-day simple moving average is $64.14.

Avantis U.S. Quality ETF Cuts Dividend

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

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.