Dravo Bay LLC Has $12.29 Million Position in Dimensional Core Fixed Income ETF $DFCF

Dravo Bay LLC boosted its position in Dimensional Core Fixed Income ETF (NYSEARCA:DFCF) by 12.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 287,393 shares of the company’s stock after purchasing an additional 31,411 shares during the period. Dimensional Core Fixed Income ETF makes up approximately 5.4% of Dravo Bay LLC’s holdings, making the stock its 4th largest holding. Dravo Bay LLC’s holdings in Dimensional Core Fixed Income ETF were worth $12,289,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its stake in shares of Dimensional Core Fixed Income ETF by 36.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,878,822 shares of the company’s stock worth $121,659,000 after acquiring an additional 765,145 shares during the period. Root Financial Partners LLC lifted its holdings in Dimensional Core Fixed Income ETF by 52.0% during the third quarter. Root Financial Partners LLC now owns 2,054,869 shares of the company’s stock valued at $87,866,000 after purchasing an additional 702,772 shares during the last quarter. True Link Financial Advisors LLC lifted its holdings in Dimensional Core Fixed Income ETF by 20.9% during the third quarter. True Link Financial Advisors LLC now owns 3,413,129 shares of the company’s stock valued at $145,945,000 after purchasing an additional 589,376 shares during the last quarter. Savant Capital LLC boosted its position in Dimensional Core Fixed Income ETF by 20.5% during the third quarter. Savant Capital LLC now owns 2,862,116 shares of the company’s stock worth $122,384,000 after purchasing an additional 487,738 shares during the period. Finally, Stratos Investment Management LLC increased its stake in shares of Dimensional Core Fixed Income ETF by 24.7% in the third quarter. Stratos Investment Management LLC now owns 1,838,451 shares of the company’s stock worth $78,612,000 after purchasing an additional 363,609 shares in the last quarter.

Dimensional Core Fixed Income ETF Price Performance

NYSEARCA DFCF opened at $43.13 on Friday. The company’s 50 day moving average is $42.66 and its 200-day moving average is $42.72. Dimensional Core Fixed Income ETF has a 12-month low of $40.56 and a 12-month high of $43.27.

Dimensional Core Fixed Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st were given a dividend of $0.0438 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 1.2%.

Dimensional Core Fixed Income ETF Profile

The Dimensional Core Fixed Income ETF (DFCF) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund seeks income and capital appreciation from a broad, actively managed portfolio of global investment-grade fixed income securities. DFCF was launched on Nov 15, 2021 and is managed by Dimensional.