Avantis U.S. Quality ETF (AVUQ) to Issue Quarterly Dividend of $0.07 on June 11th

Avantis U.S. Quality ETF (NASDAQ:AVUQ) declared a quarterly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be given a dividend of 0.0652 per share on Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, June 9th. This is a 59.8% increase from Avantis U.S. Quality ETF’s previous quarterly dividend of $0.04.

Avantis U.S. Quality ETF Stock Down 0.7%

Avantis U.S. Quality ETF stock opened at $64.59 on Wednesday. The stock has a 50-day simple moving average of $63.54 and a 200 day simple moving average of $61.15. Avantis U.S. Quality ETF has a 12-month low of $51.45 and a 12-month high of $67.78. The stock has a market capitalization of $226.07 million, a price-to-earnings ratio of 29.10 and a beta of 1.15.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AVUQ. Citadel Advisors LLC bought a new position in shares of Avantis U.S. Quality ETF in the third quarter valued at about $298,000. EnRich Financial Partners LLC bought a new position in shares of Avantis U.S. Quality ETF in the fourth quarter valued at about $397,000. Torren Management LLC bought a new position in shares of Avantis U.S. Quality ETF in the fourth quarter valued at about $11,641,000. Strategic Blueprint LLC bought a new position in shares of Avantis U.S. Quality ETF in the fourth quarter valued at about $15,710,000. Finally, Plancorp LLC raised its holdings in shares of Avantis U.S. Quality ETF by 11.1% in the fourth quarter. Plancorp LLC now owns 3,995 shares of the company’s stock valued at $240,000 after buying an additional 400 shares during the last quarter.

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.