Envestnet Asset Management Inc. Increases Stock Holdings in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Envestnet Asset Management Inc. increased its position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,457 shares of the company’s stock after purchasing an additional 1,180 shares during the period. Envestnet Asset Management Inc. owned 0.31% of Avantis U.S. Large Cap Equity ETF worth $909,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF during the 4th quarter worth about $208,000. Clearwater Capital Advisors LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF during the fourth quarter valued at about $414,000. Commonwealth Equity Services LLC raised its stake in shares of Avantis U.S. Large Cap Equity ETF by 3.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 8,280 shares of the company’s stock valued at $559,000 after acquiring an additional 243 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in shares of Avantis U.S. Large Cap Equity ETF by 3.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 14,687 shares of the company’s stock worth $1,001,000 after acquiring an additional 553 shares during the last quarter. Finally, Waterfront Wealth Inc. lifted its holdings in shares of Avantis U.S. Large Cap Equity ETF by 17.0% in the 4th quarter. Waterfront Wealth Inc. now owns 22,444 shares of the company’s stock worth $1,516,000 after acquiring an additional 3,257 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

Avantis U.S. Large Cap Equity ETF stock opened at $63.83 on Friday. The company has a market capitalization of $560.43 million, a PE ratio of 22.28 and a beta of 1.06. Avantis U.S. Large Cap Equity ETF has a fifty-two week low of $55.47 and a fifty-two week high of $70.89. The firm has a 50 day moving average price of $63.43 and a 200 day moving average price of $67.05.

Avantis U.S. Large Cap Equity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1779 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is a boost from Avantis U.S. Large Cap Equity ETF’s previous dividend of $0.17.

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.