Avantis Emerging Markets ex-China Equity ETF $AVXC Stock Holdings Raised by Madrid Wealth Management LLC

Madrid Wealth Management LLC lifted its stake in shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) by 28.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 31,462 shares of the company’s stock after buying an additional 7,020 shares during the quarter. Avantis Emerging Markets ex-China Equity ETF accounts for about 1.6% of Madrid Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Madrid Wealth Management LLC’s holdings in Avantis Emerging Markets ex-China Equity ETF were worth $2,128,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. AE Wealth Management LLC increased its holdings in Avantis Emerging Markets ex-China Equity ETF by 56.4% in the fourth quarter. AE Wealth Management LLC now owns 1,045,963 shares of the company’s stock valued at $66,701,000 after buying an additional 377,075 shares during the last quarter. Networth Advisors LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth approximately $1,950,000. Vestment Financial LLC lifted its holdings in Avantis Emerging Markets ex-China Equity ETF by 3.2% during the 4th quarter. Vestment Financial LLC now owns 224,409 shares of the company’s stock worth $14,833,000 after buying an additional 6,862 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Avantis Emerging Markets ex-China Equity ETF by 12.9% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 108,645 shares of the company’s stock worth $6,928,000 after acquiring an additional 12,437 shares in the last quarter. Finally, Mach 1 Financial Group LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth approximately $3,211,000.

Avantis Emerging Markets ex-China Equity ETF Trading Down 1.1%

Shares of NASDAQ AVXC opened at $83.77 on Friday. Avantis Emerging Markets ex-China Equity ETF has a twelve month low of $55.65 and a twelve month high of $88.77. The company has a market capitalization of $368.59 million, a price-to-earnings ratio of 13.75 and a beta of 0.87. The business has a 50 day simple moving average of $81.38 and a 200-day simple moving average of $72.90.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, June 9th were issued a $0.4432 dividend. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.77 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 9th.

Avantis Emerging Markets ex-China Equity ETF Company Profile

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.