Prudent Man Investment Management Inc. Sells 11,664 Shares of Avantis Emerging Markets ex-China Equity ETF $AVXC

Prudent Man Investment Management Inc. lessened its holdings in shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) by 53.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,086 shares of the company’s stock after selling 11,664 shares during the period. Avantis Emerging Markets ex-China Equity ETF makes up 0.2% of Prudent Man Investment Management Inc.’s portfolio, making the stock its 14th biggest position. Prudent Man Investment Management Inc. owned approximately 0.29% of Avantis Emerging Markets ex-China Equity ETF worth $643,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. LPL Financial LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at about $266,000. Clearwater Capital Advisors LLC lifted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 0.5% during the 4th quarter. Clearwater Capital Advisors LLC now owns 408,240 shares of the company’s stock valued at $26,034,000 after purchasing an additional 2,212 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at about $64,000. Mach 1 Financial Group LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter valued at about $3,211,000. Finally, Csenge Advisory Group lifted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 9.9% during the 4th quarter. Csenge Advisory Group now owns 4,687 shares of the company’s stock valued at $299,000 after purchasing an additional 423 shares in the last quarter.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ:AVXC opened at $82.89 on Friday. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $54.26 and a fifty-two week high of $86.80. The stock has a market capitalization of $364.72 million, a PE ratio of 13.75 and a beta of 0.87. The business’s 50-day simple moving average is $78.22 and its 200-day simple moving average is $71.19.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

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

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.