Schedule 13G/A filed for Advisors' Inner Circle Fund III reports that Brown Advisory Inc and affiliated entities disclose collective beneficial ownership of the Brown Advisory Sustainable Growth ETF (CUSIP 00775Y272). The filing shows Brown Advisory Inc beneficially owns 19,035,751 shares, representing 91.9% of the class. Subsidiaries listed include Brown Investment Advisory & Trust Co (1,200,146 shares, 5.8%) and Brown Advisory LLC (17,492,867 shares, 84.5%), with Signature Financial Management, Inc. holding 342,738 shares (1.7%). Voting and dispositive power breakdowns are provided: Brown Advisory Inc reports 18,755,315 shares of sole voting power and 18,883,753 shares of shared dispositive power. The filing states these securities are held by investment companies and managed accounts of Brown Advisory subsidiaries and were acquired in the ordinary course of business.
Brown Advisory entities filed an amended Schedule 13G reporting combined beneficial ownership of 6,455,729 shares of the Brown Advisory Sustainable Value ETF (CUSIP 00775Y264), representing 94.2% of the class. The filing lists four reporting persons—Brown Advisory Inc., Brown Advisory LLC, Brown Investment Advisory & Trust Co. and Signature Financial Management, Inc.—with detailed voting and dispositive power amounts for each. Brown Advisory Inc. reports 6,194,666 shares of sole voting power and 6,443,622 shares of shared dispositive power; Brown Advisory LLC reports 5,959,402 shares of sole voting power and shared dispositive power. The filing states these shares are held by investment companies and managed accounts of direct/indirect subsidiaries of Brown Advisory Inc.