194,719 Shares of Avantis Global Credit ETF $AVGB Bought by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new stake in shares of Avantis Global Credit ETF (NASDAQ:AVGB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 194,719 shares of the company’s stock, valued at approximately $9,662,000. Park Avenue Securities LLC owned approximately 0.16% of Avantis Global Credit ETF as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Herold Advisors Inc. boosted its stake in shares of Avantis Global Credit ETF by 16.1% during the 3rd quarter. Herold Advisors Inc. now owns 35,964 shares of the company’s stock valued at $1,785,000 after buying an additional 4,983 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Avantis Global Credit ETF during the second quarter worth approximately $861,000. CoreCap Advisors LLC bought a new stake in shares of Avantis Global Credit ETF in the third quarter worth $3,166,000. Finally, Simplicity Wealth LLC bought a new stake in shares of Avantis Global Credit ETF in the third quarter worth $25,131,000.

Avantis Global Credit ETF Stock Up 0.1%

AVGB opened at $50.09 on Wednesday. The firm’s fifty day moving average price is $50.22 and its 200 day moving average price is $50.81. Avantis Global Credit ETF has a 12-month low of $49.51 and a 12-month high of $52.07.

Avantis Global Credit ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, September 8th were issued a dividend of $0.5015 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $2.01 annualized dividend and a yield of 4.0%. This is an increase from Avantis Global Credit ETF’s previous quarterly dividend of $0.2707.

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