Keudell Morrison Wealth Management Acquires Shares of 452,125 Dimensional U.S. Core Equity 2 ETF $DFAC

Keudell Morrison Wealth Management acquired a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 452,125 shares of the company’s stock, valued at approximately $17,900,000. Dimensional U.S. Core Equity 2 ETF accounts for about 3.8% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its position in Dimensional U.S. Core Equity 2 ETF by 8.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock valued at $2,361,716,000 after purchasing an additional 4,669,622 shares during the last quarter. Focus Partners Wealth raised its position in Dimensional U.S. Core Equity 2 ETF by 3.8% in the 3rd quarter. Focus Partners Wealth now owns 42,523,921 shares of the company’s stock valued at $1,640,206,000 after purchasing an additional 1,553,996 shares during the last quarter. Forum Financial Management LP raised its position in Dimensional U.S. Core Equity 2 ETF by 2.6% in the 4th quarter. Forum Financial Management LP now owns 41,068,700 shares of the company’s stock valued at $1,625,910,000 after purchasing an additional 1,029,990 shares during the last quarter. Apella Capital LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 2.9% in the 4th quarter. Apella Capital LLC now owns 13,914,954 shares of the company’s stock valued at $550,893,000 after purchasing an additional 394,315 shares during the last quarter. Finally, Rockwood Wealth Management LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 5.2% in the 4th quarter. Rockwood Wealth Management LLC now owns 11,598,734 shares of the company’s stock valued at $459,194,000 after purchasing an additional 576,648 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

Shares of DFAC opened at $43.35 on Friday. The stock has a fifty day moving average price of $40.97 and a two-hundred day moving average price of $40.35. Dimensional U.S. Core Equity 2 ETF has a 52-week low of $33.43 and a 52-week high of $43.63. The company has a market cap of $45.46 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98.

Dimensional U.S. Core Equity 2 ETF Company Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.