Sequoia Financial Advisors LLC Grows Stake in Dimensional US Core Equity Market ETF $DFAU

Sequoia Financial Advisors LLC increased its position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 1.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,125,424 shares of the company’s stock after purchasing an additional 118,187 shares during the quarter. Dimensional US Core Equity Market ETF accounts for 1.9% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Sequoia Financial Advisors LLC’s holdings in Dimensional US Core Equity Market ETF were worth $333,470,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in DFAU. Great Point Wealth Advisors LLC acquired a new stake in Dimensional US Core Equity Market ETF in the third quarter valued at approximately $14,316,000. Alpha Financial Advisors LLC increased its holdings in shares of Dimensional US Core Equity Market ETF by 6.4% during the third quarter. Alpha Financial Advisors LLC now owns 803,942 shares of the company’s stock valued at $36,788,000 after acquiring an additional 48,024 shares in the last quarter. Fonville Wealth Management LLC raised its position in shares of Dimensional US Core Equity Market ETF by 1.7% during the third quarter. Fonville Wealth Management LLC now owns 837,642 shares of the company’s stock worth $38,331,000 after purchasing an additional 14,049 shares during the period. APS Management Group Inc. acquired a new position in shares of Dimensional US Core Equity Market ETF during the third quarter worth approximately $4,977,000. Finally, SC&H Financial Advisors Inc. lifted its holdings in shares of Dimensional US Core Equity Market ETF by 3.6% in the 4th quarter. SC&H Financial Advisors Inc. now owns 842,788 shares of the company’s stock worth $39,442,000 after purchasing an additional 29,245 shares in the last quarter.

Dimensional US Core Equity Market ETF Trading Up 1.3%

NYSEARCA DFAU opened at $50.63 on Thursday. The company has a fifty day simple moving average of $47.10 and a 200 day simple moving average of $47.01. Dimensional US Core Equity Market ETF has a 12-month low of $38.13 and a 12-month high of $50.68. The company has a market cap of $11.64 billion, a P/E 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.