Avantis Global Credit ETF (NASDAQ:AVGB) Declares Quarterly Dividend of $1.06

Avantis Global Credit ETF (NASDAQ:AVGB) declared a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Investors of record on Tuesday, December 16th will be paid a dividend of 1.0553 per share on Thursday, December 18th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date is Tuesday, December 16th. This is a 221.4% increase from Avantis Global Credit ETF’s previous quarterly dividend of $0.33.

Avantis Global Credit ETF Stock Performance

Avantis Global Credit ETF stock traded down $1.00 during mid-day trading on Tuesday, reaching $50.70. The company’s stock had a trading volume of 517 shares, compared to its average volume of 450. Avantis Global Credit ETF has a twelve month low of $50.06 and a twelve month high of $52.07. The business has a 50 day moving average price of $51.63 and a 200-day moving average price of $51.27.

Institutional Investors Weigh In On Avantis Global Credit ETF

A number of institutional investors have recently modified their holdings of AVGB. Plancorp LLC bought a new position in Avantis Global Credit ETF in the third quarter worth about $239,000. Werba Rubin Papier Wealth Management raised its position in shares of Avantis Global Credit ETF by 23.7% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 5,344 shares of the company’s stock worth $274,000 after purchasing an additional 1,025 shares during the period. Finally, American Century Companies Inc. bought a new stake in shares of Avantis Global Credit ETF in the 2nd quarter worth approximately $8,892,000.

About Avantis Global Credit ETF

Avantis Credit ETF is an actively managed exchange-traded fund that aims to maximize total return. The fund invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers