Buttonwood Financial Group LLC Takes $33.37 Million Position in Avantis U.S. Large Cap Equity ETF $AVLC

Buttonwood Financial Group LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 435,058 shares of the company’s stock, valued at approximately $33,373,000. Avantis U.S. Large Cap Equity ETF makes up about 14.4% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 3rd largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF in the 2nd quarter valued at about $74,000. Lion Street Advisors LLC grew its holdings in Avantis U.S. Large Cap Equity ETF by 11.6% during the second quarter. Lion Street Advisors LLC now owns 15,357 shares of the company’s stock worth $1,091,000 after purchasing an additional 1,595 shares during the period. WealthPlan Investment Management LLC bought a new position in Avantis U.S. Large Cap Equity ETF during the second quarter worth about $323,000. Chicago Partners Investment Group LLC raised its stake in Avantis U.S. Large Cap Equity ETF by 2.8% in the second quarter. Chicago Partners Investment Group LLC now owns 17,676 shares of the company’s stock valued at $1,289,000 after buying an additional 483 shares during the period. Finally, Focus Partners Advisor Solutions LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF in the second quarter valued at approximately $337,000.

Avantis U.S. Large Cap Equity ETF Trading Up 2.1%

Shares of NYSEARCA AVLC opened at $81.68 on Friday. The company has a market capitalization of $1.02 billion, a P/E ratio of 22.04 and a beta of 1.07. Avantis U.S. Large Cap Equity ETF has a 12 month low of $55.47 and a 12 month high of $81.91. The stock has a 50 day moving average of $79.80 and a 200-day moving average of $77.05.

Avantis U.S. Large Cap Equity ETF 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.