Beaird Harris Wealth Management LLC Has $75.71 Million Position in Avantis U.S. Large Cap Equity ETF $AVLC

Beaird Harris Wealth Management LLC boosted its stake in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 13.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 841,598 shares of the company’s stock after buying an additional 96,843 shares during the period. Avantis U.S. Large Cap Equity ETF accounts for about 4.7% of Beaird Harris Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Beaird Harris Wealth Management LLC owned approximately 5.65% of Avantis U.S. Large Cap Equity ETF worth $75,710,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Rossby Financial LCC grew its stake in Avantis U.S. Large Cap Equity ETF by 47.6% in the fourth quarter. Rossby Financial LCC now owns 394 shares of the company’s stock valued at $31,000 after purchasing an additional 127 shares during the last quarter. Allegiance Financial Group Advisory Services LLC raised its holdings in Avantis U.S. Large Cap Equity ETF by 6.6% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 5,363 shares of the company’s stock worth $422,000 after purchasing an additional 334 shares in the last quarter. Waterfront Wealth Inc. lifted its position in shares of Avantis U.S. Large Cap Equity ETF by 0.9% during the fourth quarter. Waterfront Wealth Inc. now owns 40,335 shares of the company’s stock valued at $3,265,000 after buying an additional 343 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Avantis U.S. Large Cap Equity ETF by 17.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,109 shares of the company’s stock valued at $244,000 after buying an additional 466 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in shares of Avantis U.S. Large Cap Equity ETF by 16.7% in the 1st quarter. Montag A & Associates Inc. now owns 3,805 shares of the company’s stock valued at $295,000 after buying an additional 545 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

NYSEARCA:AVLC opened at $92.04 on Friday. The company’s 50-day simple moving average is $89.38 and its 200-day simple moving average is $84.71. Avantis U.S. Large Cap Equity ETF has a fifty-two week low of $72.76 and a fifty-two week high of $92.60. The stock has a market capitalization of $1.42 billion, a P/E ratio of 22.04 and a beta of 1.01.

About Avantis U.S. Large Cap Equity ETF

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.