NewEdge Advisors LLC Takes Position in Avantis U.S. Quality ETF $AVUQ

NewEdge Advisors LLC acquired a new position in Avantis U.S. Quality ETF (NASDAQ:AVUQFree Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 122,094 shares of the company’s stock, valued at approximately $6,927,000. NewEdge Advisors LLC owned 3.49% of Avantis U.S. Quality ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Blueprint LLC purchased a new stake in shares of Avantis U.S. Quality ETF in the 4th quarter valued at approximately $15,710,000. Torren Management LLC purchased a new position in shares of Avantis U.S. Quality ETF during the 4th quarter worth approximately $11,641,000. Haven Private LLC purchased a new position in shares of Avantis U.S. Quality ETF during the 4th quarter worth approximately $695,000. EnRich Financial Partners LLC acquired a new stake in Avantis U.S. Quality ETF in the 4th quarter valued at approximately $397,000. Finally, Citadel Advisors LLC acquired a new stake in Avantis U.S. Quality ETF in the 3rd quarter valued at approximately $298,000.

Avantis U.S. Quality ETF Trading Down 0.3%

AVUQ stock opened at $67.71 on Tuesday. The company has a market capitalization of $297.92 million, a PE ratio of 29.10 and a beta of 1.16. Avantis U.S. Quality ETF has a 12-month low of $54.65 and a 12-month high of $68.38. The business’s fifty day moving average price is $65.73 and its 200 day moving average price is $62.81.

Avantis U.S. Quality ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Tuesday, June 9th were paid a $0.0652 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, June 9th. This is a boost from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04.

Avantis U.S. Quality ETF Company Profile

(Free Report)

​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.

Further Reading

Institutional Ownership by Quarter for Avantis U.S. Quality ETF (NASDAQ:AVUQ)

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