Summit Wealth Group LLC Co. Purchases New Stake in Dimensional US Core Equity Market ETF $DFAU

Summit Wealth Group LLC Co. purchased a new stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 169,897 shares of the company’s stock, valued at approximately $7,951,000. Dimensional US Core Equity Market ETF comprises about 1.1% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 15th biggest position. Summit Wealth Group LLC Co. owned about 0.08% of Dimensional US Core Equity Market ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DFAU. Tradewinds Capital Management LLC acquired a new stake in shares of Dimensional US Core Equity Market ETF in the fourth quarter valued at approximately $38,000. Qube Research & Technologies Ltd grew its position in Dimensional US Core Equity Market ETF by 93.1% in the third quarter. Qube Research & Technologies Ltd now owns 3,392 shares of the company’s stock worth $155,000 after acquiring an additional 1,635 shares during the period. Beacon Financial Strategies CORP purchased a new position in Dimensional US Core Equity Market ETF in the fourth quarter worth approximately $182,000. US Bancorp DE grew its position in 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 worth $193,000 after acquiring an additional 4,141 shares during the period. Finally, Golden Reserve Retirement LLC purchased a new position in Dimensional US Core Equity Market ETF in the fourth quarter worth approximately $201,000.

Dimensional US Core Equity Market ETF Stock Performance

Shares of Dimensional US Core Equity Market ETF stock opened at $50.70 on Wednesday. The firm has a market capitalization of $11.66 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00. Dimensional US Core Equity Market ETF has a fifty-two week low of $39.48 and a fifty-two week high of $50.94. The stock has a 50 day moving average of $47.33 and a 200 day moving average of $47.14.

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.