8,383 Avantis U.S. Quality ETF $AVUQ Shares Acquired by Kooman & Associates

Kooman & Associates raised its position in Avantis U.S. Quality ETF (NASDAQ:AVUQ) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 239,810 shares of the company’s stock after buying an additional 8,383 shares during the period. Avantis U.S. Quality ETF accounts for 4.3% of Kooman & Associates’ investment portfolio, making the stock its 6th biggest holding. Kooman & Associates owned 3.81% of Avantis U.S. Quality ETF worth $16,259,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of AVUQ. Farther Finance Advisors LLC boosted its stake in shares of Avantis U.S. Quality ETF by 25.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,095 shares of the company’s stock worth $74,000 after buying an additional 225 shares during the last quarter. Lauterbach Financial Advisors LLC bought a new position in shares of Avantis U.S. Quality ETF in the third quarter valued at approximately $245,000. Orion Capital Management LLC increased its position in shares of Avantis U.S. Quality ETF by 24,600.0% during the second quarter. Orion Capital Management LLC now owns 4,940 shares of the company’s stock valued at $326,000 after acquiring an additional 4,920 shares during the last quarter. GEM Asset Management LLC purchased a new stake in shares of Avantis U.S. Quality ETF during the third quarter valued at approximately $593,000. Finally, Legacy Financial Group Inc. increased its position in shares of Avantis U.S. Quality ETF by 14.5% during the first quarter. Legacy Financial Group Inc. now owns 13,710 shares of the company’s stock valued at $778,000 after acquiring an additional 1,738 shares during the last quarter.

Avantis U.S. Quality ETF Trading Up 0.9%

Shares of Avantis U.S. Quality ETF stock opened at $67.58 on Thursday. The business’s fifty day simple moving average is $67.45 and its 200 day simple moving average is $65.83. The firm has a market capitalization of $425.78 million, a P/E ratio of 29.10 and a beta of 1.14. Avantis U.S. Quality ETF has a 12 month low of $54.65 and a 12 month high of $69.56.

Avantis U.S. Quality ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Tuesday, September 8th were given a dividend of $0.0428 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.17 annualized dividend and a dividend yield of 0.3%. This is a drop from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.0652.

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.