541,694 Shares in Avantis U.S. Large Cap Equity ETF $AVLC Purchased by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 541,694 shares of the company’s stock, valued at approximately $48,899,000. Avantis U.S. Large Cap Equity ETF comprises about 1.1% of GRIMES & Co WEALTH MANAGEMENT LLC’s portfolio, making the stock its 14th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC raised its position in shares of Avantis U.S. Large Cap Equity ETF by 13.0% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 841,598 shares of the company’s stock valued at $75,710,000 after acquiring an additional 96,843 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 12.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 706,672 shares of the company’s stock valued at $63,572,000 after purchasing an additional 77,317 shares during the period. Park Avenue Securities LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF in the 3rd quarter worth $48,522,000. Simplicity Wealth LLC boosted its position in shares of Avantis U.S. Large Cap Equity ETF by 4.2% in the 3rd quarter. Simplicity Wealth LLC now owns 396,158 shares of the company’s stock worth $35,761,000 after purchasing an additional 15,792 shares during the last quarter. Finally, Allworth Financial LP boosted its position in shares of Avantis U.S. Large Cap Equity ETF by 27.7% in the 2nd quarter. Allworth Financial LP now owns 323,092 shares of the company’s stock worth $29,065,000 after purchasing an additional 70,116 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Down 0.4%

Shares of Avantis U.S. Large Cap Equity ETF stock opened at $89.61 on Tuesday. Avantis U.S. Large Cap Equity ETF has a 12 month low of $74.45 and a 12 month high of $94.80. The business has a fifty day simple moving average of $91.14 and a 200 day simple moving average of $86.63. The stock has a market cap of $1.56 billion, a PE ratio of 22.04 and a beta of 1.01.

Avantis U.S. Large Cap Equity ETF Company 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.