Brown Advisory Flexible Equity ETF (BAFE)

Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund in the Large Blend category. It has $1.69B in assets, an expense ratio of 0.54% and a 0.28% dividend yield. Under normal conditions, Brown Advisory LLC (the “Adviser”) seeks to achieve the fund’s investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities. The fund invests primarily in a portfolio of equity securities issued by large, middle, and small capitalization companies that the Adviser believes have strong, or improving, long-term business characteristics and share prices that do not reflect certain favorable…