Avantis Emerging Markets ex-China Equity ETF $AVXC Stock: Verus Financial Partners Inc. Trims Stake

Verus Financial Partners Inc. reduced its stake in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) by 99.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,651 shares of the company’s stock after selling 3,132,711 shares during the period. Verus Financial Partners Inc. owned approximately 0.10% of Avantis Emerging Markets ex-China Equity ETF worth $464,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Global Strategic Investment Solutions LLC grew its position in shares of Avantis Emerging Markets ex-China Equity ETF by 4.8% during the first quarter. Global Strategic Investment Solutions LLC now owns 5,768 shares of the company’s stock valued at $390,000 after purchasing an additional 262 shares in the last quarter. PCG Wealth Advisors LLC increased its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 1.2% in the second quarter. PCG Wealth Advisors LLC now owns 38,811 shares of the company’s stock worth $3,324,000 after purchasing an additional 455 shares during the last quarter. Bogart Wealth LLC bought a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the first quarter worth about $47,000. Balance Wealth Partners LLC purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter worth about $124,000. Finally, JFS Wealth Advisors LLC purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the second quarter worth about $243,000.

Avantis Emerging Markets ex-China Equity ETF Trading Down 3.1%

Shares of Avantis Emerging Markets ex-China Equity ETF stock opened at $74.94 on Friday. The firm has a market cap of $427.16 million, a PE ratio of 13.75 and a beta of 0.92. The stock has a 50 day moving average of $81.44 and a 200 day moving average of $77.57. Avantis Emerging Markets ex-China Equity ETF has a 12 month low of $60.18 and a 12 month high of $88.77.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 8th were given a $0.4484 dividend. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.4432. This represents a $1.79 annualized dividend and a yield of 2.4%. The ex-dividend date was Tuesday, September 8th.

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.