AVLV, AVUV, AVIV, AVDV, AVESWhich Avantis ETFs did you have that produced 98% PIL?
Yes, your experience confirms what I suspected, they have control over when and how many share they pull from your account, and when they give them back, and would rather earn the extra day of fees. I will probably move my account, I hold 5 Avantis ETFs and received 98% of 2024 dividends as PIL. It's truly egregious. Any point in pushing IBKR harder, have you ever heard of them setting up an account to receive no PIL?
Not all of that would've been qualified dividends, but 98% of the dividends I received on these in 2024 were received as PIL. I'm a bit baffled by this, almost all my shares were lent out every ex div date?
Statistics: Posted by km91 — Wed Jan 15, 2025 6:25 pm — Replies 3373 — Views 779882