Ridgeline Wealth LLC Buys New Position in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC)

Ridgeline Wealth LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 43,977 shares of the company’s stock, valued at approximately $2,179,000. Avantis Emerging Markets ex-China Equity ETF makes up 1.8% of Ridgeline Wealth LLC’s portfolio, making the stock its 13th biggest position. Ridgeline Wealth LLC owned approximately 3.66% of Avantis Emerging Markets ex-China Equity ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Trajan Wealth LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the third quarter valued at approximately $10,911,000. Jane Street Group LLC raised its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 24.1% during the 3rd quarter. Jane Street Group LLC now owns 22,833 shares of the company’s stock worth $1,235,000 after purchasing an additional 4,435 shares in the last quarter. Retirement Planning Group LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at approximately $761,000. Centennial Wealth Advisory LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the third quarter valued at $474,000. Finally, Verus Financial Partners Inc. acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $305,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

AVXC stock traded up $0.35 during trading hours on Monday, reaching $50.70. The stock had a trading volume of 7,057 shares, compared to its average volume of 6,552. The stock has a 50-day simple moving average of $51.40 and a 200 day simple moving average of $52.50. Avantis Emerging Markets ex-China Equity ETF has a fifty-two week low of $48.49 and a fifty-two week high of $55.72. The stock has a market capitalization of $60.84 million, a PE ratio of 12.49 and a beta of 0.83.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 17th were paid a $0.3867 dividend. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, December 17th.

Avantis Emerging Markets ex-China Equity ETF Profile

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.