Washington Trust Bank Buys 361,707 Shares of Dimensional U.S. Small Cap ETF $DFAS

Washington Trust Bank increased its stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 45.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,149,729 shares of the company’s stock after acquiring an additional 361,707 shares during the quarter. Dimensional U.S. Small Cap ETF makes up about 5.8% of Washington Trust Bank’s portfolio, making the stock its 2nd biggest holding. Washington Trust Bank’s holdings in Dimensional U.S. Small Cap ETF were worth $78,710,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Reyes Financial Architecture Inc. acquired a new stake in shares of Dimensional U.S. Small Cap ETF in the second quarter valued at about $36,000. Tradewinds Capital Management LLC raised its position in shares of Dimensional U.S. Small Cap ETF by 38.6% during the 3rd quarter. Tradewinds Capital Management LLC now owns 610 shares of the company’s stock worth $42,000 after purchasing an additional 170 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Dimensional U.S. Small Cap ETF during the 2nd quarter worth about $42,000. Hantz Financial Services Inc. purchased a new position in Dimensional U.S. Small Cap ETF in the 2nd quarter valued at about $46,000. Finally, Russell Investments Group Ltd. acquired a new stake in Dimensional U.S. Small Cap ETF in the 2nd quarter worth about $58,000.

Dimensional U.S. Small Cap ETF Trading Up 0.8%

NYSEARCA:DFAS opened at $73.43 on Friday. The stock has a 50 day moving average of $69.63 and a two-hundred day moving average of $67.94. Dimensional U.S. Small Cap ETF has a 12 month low of $51.45 and a 12 month high of $73.62. The firm has a market cap of $12.74 billion, a P/E ratio of 15.89 and a beta of 1.06.

About Dimensional U.S. Small Cap ETF

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.