Ridgeline Wealth LLC Acquires 16,286 Shares of Avantis U.S. Large Cap Equity ETF $AVLC

Ridgeline Wealth LLC raised its holdings in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 4.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 427,761 shares of the company’s stock after purchasing an additional 16,286 shares during the quarter. Avantis U.S. Large Cap Equity ETF comprises about 24.2% of Ridgeline Wealth LLC’s holdings, making the stock its biggest position. Ridgeline Wealth LLC’s holdings in Avantis U.S. Large Cap Equity ETF were worth $32,728,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC boosted its position in 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 acquiring an additional 166 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Avantis U.S. Large Cap Equity ETF by 1.9% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 24,765 shares of the company’s stock worth $1,759,000 after purchasing an additional 454 shares in the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Avantis U.S. Large Cap Equity ETF by 2.8% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 17,676 shares of the company’s stock worth $1,289,000 after purchasing an additional 483 shares during the last quarter. ShankerValleau Wealth Advisors Inc. grew its position in shares of Avantis U.S. Large Cap Equity ETF by 0.9% in the third quarter. ShankerValleau Wealth Advisors Inc. now owns 82,468 shares of the company’s stock valued at $6,310,000 after purchasing an additional 733 shares in the last quarter. Finally, WCG Wealth Advisors LLC grew its position in shares of Avantis U.S. Large Cap Equity ETF by 2.8% in the second quarter. WCG Wealth Advisors LLC now owns 37,325 shares of the company’s stock valued at $2,652,000 after purchasing an additional 999 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

NYSEARCA:AVLC opened at $78.64 on Friday. Avantis U.S. Large Cap Equity ETF has a one year low of $55.47 and a one year high of $79.78. The stock has a market cap of $825.72 million, a PE ratio of 22.04 and a beta of 1.07. The stock has a 50 day moving average price of $77.51 and a 200 day moving average price of $74.62.

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.