Penobscot Investment Management Company Inc. Acquires New Stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

Penobscot Investment Management Company Inc. bought a new position in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 3,440 shares of the company’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DFAS. FAS Wealth Partners Inc. lifted its holdings in shares of Dimensional U.S. Small Cap ETF by 606.6% during the 4th quarter. FAS Wealth Partners Inc. now owns 431 shares of the company’s stock worth $26,000 after acquiring an additional 370 shares during the last quarter. Truvestments Capital LLC bought a new stake in Dimensional U.S. Small Cap ETF during the third quarter worth about $37,000. Salem Investment Counselors Inc. boosted its holdings in shares of Dimensional U.S. Small Cap ETF by 422.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 664 shares of the company’s stock worth $40,000 after purchasing an additional 537 shares in the last quarter. Tandem Wealth Advisors LLC bought a new position in shares of Dimensional U.S. Small Cap ETF during the 4th quarter valued at about $40,000. Finally, NBC Securities Inc. purchased a new position in shares of Dimensional U.S. Small Cap ETF during the 3rd quarter valued at about $47,000.

Dimensional U.S. Small Cap ETF Price Performance

NYSEARCA:DFAS opened at $58.60 on Thursday. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 12.42 and a beta of 0.97. The business has a 50 day moving average of $59.99 and a 200 day moving average of $57.26. Dimensional U.S. Small Cap ETF has a 1-year low of $48.66 and a 1-year high of $62.65.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.