Titleist Asset Management LLC Makes New Investment in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)

Titleist Asset Management LLC bought a new stake in shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,535 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Greenwich Wealth Management LLC boosted its holdings in Avantis U.S. Large Cap Value ETF by 3.0% during the 4th quarter. Greenwich Wealth Management LLC now owns 116,835 shares of the company’s stock valued at $7,801,000 after acquiring an additional 3,365 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 120.3% during the fourth quarter. Farther Finance Advisors LLC now owns 70,899 shares of the company’s stock valued at $4,734,000 after purchasing an additional 38,709 shares during the period. Nixon Peabody Trust Co. boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 5.7% during the fourth quarter. Nixon Peabody Trust Co. now owns 908,524 shares of the company’s stock valued at $60,662,000 after purchasing an additional 48,851 shares during the period. Magnolia Private Wealth LLC purchased a new position in Avantis U.S. Large Cap Value ETF in the 4th quarter worth about $387,000. Finally, Advantage Trust Co increased its stake in Avantis U.S. Large Cap Value ETF by 74.2% in the 4th quarter. Advantage Trust Co now owns 110,446 shares of the company’s stock worth $7,374,000 after buying an additional 47,054 shares during the period.

Avantis U.S. Large Cap Value ETF Price Performance

Avantis U.S. Large Cap Value ETF stock opened at $58.01 on Tuesday. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 15.83 and a beta of 1.01. The firm has a 50-day moving average of $67.05 and a two-hundred day moving average of $67.63. Avantis U.S. Large Cap Value ETF has a 1 year low of $55.67 and a 1 year high of $71.39.

Avantis U.S. Large Cap Value ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.2671 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is a boost from Avantis U.S. Large Cap Value ETF’s previous dividend of $0.26.

Avantis U.S. Large Cap Value ETF Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.