Beaird Harris Wealth Management LLC Boosts Stock Position in Avantis U.S. Large Cap Equity ETF $AVLC

Beaird Harris Wealth Management LLC raised its holdings in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 10.2% in the fourth quarter, Holdings Channel reports. The fund owned 661,326 shares of the company’s stock after acquiring an additional 61,102 shares during the period. Avantis U.S. Large Cap Equity ETF accounts for about 3.6% of Beaird Harris Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Beaird Harris Wealth Management LLC owned about 0.05% of Avantis U.S. Large Cap Equity ETF worth $51,993,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF during the second quarter worth about $514,000. MML Investors Services LLC grew its position in shares of Avantis U.S. Large Cap Equity ETF by 3.7% in the 2nd quarter. MML Investors Services LLC now owns 82,995 shares of the company’s stock valued at $5,896,000 after purchasing an additional 2,935 shares during the period. Visionary Wealth Advisors grew its position in shares of Avantis U.S. Large Cap Equity ETF by 140.5% in the 2nd quarter. Visionary Wealth Advisors now owns 117,783 shares of the company’s stock valued at $8,367,000 after purchasing an additional 68,816 shares during the period. HighTower Advisors LLC increased its stake in Avantis U.S. Large Cap Equity ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 134,431 shares of the company’s stock worth $10,285,000 after purchasing an additional 1,708 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. bought a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $391,000.

Avantis U.S. Large Cap Equity ETF Stock Performance

Shares of AVLC stock opened at $89.66 on Friday. Avantis U.S. Large Cap Equity ETF has a 52 week low of $68.44 and a 52 week high of $90.60. The company’s 50 day moving average price is $86.69 and its two-hundred day moving average price is $82.16. The company has a market capitalization of $1.23 billion, a P/E ratio of 22.04 and a beta of 1.02.

Avantis U.S. Large Cap Equity ETF Profile

The Avantis U.S. Large Cap Equity ETF (AVLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large-cap stocks of companies perceived to have high-growth characteristics and attractive valuations. The fund aims for long-term capital appreciation AVLC was launched on Sep 26, 2023 and is issued by American Century Investments.