GRIMES & Co WEALTH MANAGEMENT LLC Has $25.02 Million Position in Avantis U.S. Large Cap Equity ETF $AVLC

GRIMES & Co WEALTH MANAGEMENT LLC increased its stake in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 43.0% in the third quarter, Holdings Channel.com reports. The firm owned 327,058 shares of the company’s stock after buying an additional 98,298 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Avantis U.S. Large Cap Equity ETF were worth $25,023,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nemes Rush Group LLC grew its stake in shares of Avantis U.S. Large Cap Equity ETF by 25.3% during the second quarter. Nemes Rush Group LLC now owns 823 shares of the company’s stock worth $58,000 after buying an additional 166 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in Avantis U.S. Large Cap Equity ETF during the 2nd quarter worth $74,000. BLVD Private Wealth LLC acquired a new position in Avantis U.S. Large Cap Equity ETF in the 2nd quarter worth about $233,000. WealthPlan Investment Management LLC bought a new position in Avantis U.S. Large Cap Equity ETF in the second quarter valued at about $323,000. Finally, Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF during the second quarter valued at about $337,000.

Avantis U.S. Large Cap Equity ETF Trading Up 0.1%

NYSEARCA:AVLC opened at $80.93 on Tuesday. The stock’s 50-day moving average is $78.32 and its 200-day moving average is $75.86. Avantis U.S. Large Cap Equity ETF has a 1-year low of $55.47 and a 1-year high of $81.00. The stock has a market cap of $898.32 million, a P/E ratio of 22.04 and a beta of 1.07.

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.