Bayshore Asset Management LLC Boosts Position in Dimensional U.S. Equity ETF $DFUS

Bayshore Asset Management LLC increased its stake in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 6.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 116,371 shares of the company’s stock after purchasing an additional 6,552 shares during the quarter. Dimensional U.S. Equity ETF comprises 3.3% of Bayshore Asset Management LLC’s investment portfolio, making the stock its 9th largest holding. Bayshore Asset Management LLC’s holdings in Dimensional U.S. Equity ETF were worth $8,252,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of DFUS. Evolution Wealth Management Inc. bought a new position in Dimensional U.S. Equity ETF during the fourth quarter worth $25,000. Winnow Wealth LLC acquired a new stake in shares of Dimensional U.S. Equity ETF in the 4th quarter valued at about $26,000. Dunhill Financial LLC acquired a new stake in shares of Dimensional U.S. Equity ETF in the 4th quarter valued at about $33,000. Abound Financial LLC bought a new stake in Dimensional U.S. Equity ETF in the 4th quarter valued at about $34,000. Finally, Sound Income Strategies LLC bought a new stake in Dimensional U.S. Equity ETF in the 4th quarter valued at about $38,000.

Dimensional U.S. Equity ETF Stock Performance

DFUS stock opened at $81.61 on Friday. The stock’s 50 day simple moving average is $80.58 and its 200 day simple moving average is $76.45. Dimensional U.S. Equity ETF has a fifty-two week low of $67.00 and a fifty-two week high of $82.96. The company has a market cap of $20.90 billion, a P/E ratio of 24.45 and a beta of 1.01.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.