Seven Mile Advisory Invests $7.94 Million in Dimensional US Core Equity Market ETF $DFAU

Seven Mile Advisory purchased a new stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 173,529 shares of the company’s stock, valued at approximately $7,941,000. Dimensional US Core Equity Market ETF accounts for approximately 1.3% of Seven Mile Advisory’s investment portfolio, making the stock its 24th biggest position. Seven Mile Advisory owned about 0.08% of Dimensional US Core Equity Market ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. acquired a new stake in shares of Dimensional US Core Equity Market ETF during the third quarter worth $55,000. Bank of Montreal Can boosted its position in shares of Dimensional US Core Equity Market ETF by 297.6% in the second quarter. Bank of Montreal Can now owns 3,193 shares of the company’s stock valued at $135,000 after acquiring an additional 2,390 shares during the period. Salomon & Ludwin LLC acquired a new position in shares of Dimensional US Core Equity Market ETF in the third quarter valued at about $139,000. US Bancorp DE grew its stake in shares of Dimensional US Core Equity Market ETF by 5,595.9% in the third quarter. US Bancorp DE now owns 4,215 shares of the company’s stock valued at $193,000 after acquiring an additional 4,141 shares in the last quarter. Finally, Promus Capital LLC bought a new position in Dimensional US Core Equity Market ETF during the second quarter worth about $195,000.

Dimensional US Core Equity Market ETF Stock Down 1.6%

Shares of Dimensional US Core Equity Market ETF stock opened at $45.92 on Friday. The company has a 50-day simple moving average of $47.50 and a two-hundred day simple moving average of $46.52. Dimensional US Core Equity Market ETF has a twelve month low of $33.06 and a twelve month high of $48.36. The stock has a market capitalization of $10.17 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.