Park Avenue Securities LLC bought a new stake in shares of Avantis Global Credit ETF (NASDAQ:AVGB – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 194,719 shares of the company’s stock, valued at approximately $9,662,000. Park Avenue Securities LLC owned approximately 15.58% of Avantis Global Credit ETF at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in AVGB. Simplicity Wealth LLC purchased a new position in Avantis Global Credit ETF in the third quarter valued at about $25,131,000. CoreCap Advisors LLC acquired a new position in shares of Avantis Global Credit ETF during the third quarter worth about $3,166,000. Herold Advisors Inc. boosted its position in shares of Avantis Global Credit ETF by 16.1% in the third quarter. Herold Advisors Inc. now owns 35,964 shares of the company’s stock worth $1,785,000 after buying an additional 4,983 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in shares of Avantis Global Credit ETF in the second quarter worth about $861,000.
Avantis Global Credit ETF Trading Up 0.1%
AVGB stock opened at $50.09 on Wednesday. Avantis Global Credit ETF has a 1 year low of $49.51 and a 1 year high of $52.07. The stock has a 50-day simple moving average of $50.22 and a 200-day simple moving average of $50.81.
Avantis Global Credit ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 8th were given a dividend of $0.5015 per share. This is a boost from Avantis Global Credit ETF’s previous quarterly dividend of $0.2707. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $2.01 annualized dividend and a yield of 4.0%.
Avantis Global Credit ETF Company Profile
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
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