Avantis U.S. Quality ETF (NASDAQ:AVUQ) Announces Dividend Increase – $0.06 Per Share

Avantis U.S. Quality ETF (NASDAQ:AVUQ) declared a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Investors of record on Tuesday, December 16th will be paid a dividend of 0.0574 per share on Thursday, December 18th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, December 16th. This is a 52.7% increase from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04.

Avantis U.S. Quality ETF Trading Up 0.1%

AVUQ traded up $0.07 during trading on Tuesday, hitting $59.66. The stock had a trading volume of 1,256 shares, compared to its average volume of 5,651. The firm has a market cap of $173.01 million, a PE ratio of 29.10 and a beta of 1.26. Avantis U.S. Quality ETF has a 12 month low of $43.33 and a 12 month high of $62.17. The company has a 50 day simple moving average of $59.93 and a 200-day simple moving average of $57.24.

Hedge Funds Weigh In On Avantis U.S. Quality ETF

Large investors have recently made changes to their positions in the business. Tripletail Wealth Management LLC bought a new stake in Avantis U.S. Quality ETF during the 3rd quarter valued at approximately $25,000. Plancorp LLC bought a new position in Avantis U.S. Quality ETF in the 3rd quarter worth approximately $213,000. Citadel Advisors LLC acquired a new position in shares of Avantis U.S. Quality ETF during the third quarter worth approximately $298,000. Legacy Financial Group Inc. acquired a new position in shares of Avantis U.S. Quality ETF during the second quarter worth approximately $410,000. Finally, True Wealth Design LLC bought a new stake in shares of Avantis U.S. Quality ETF in the second quarter valued at approximately $1,557,000.

About Avantis U.S. Quality ETF

​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.