Dimensional Emerging Core Equity Market ETF $DFAE Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 27.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,485,406 shares of the company’s stock after acquiring an additional 541,777 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Dimensional Emerging Core Equity Market ETF were worth $80,950,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF in the third quarter valued at $27,000. IMG Wealth Management Inc. purchased a new stake in Dimensional Emerging Core Equity Market ETF during the 4th quarter worth about $28,000. Wealth Watch Advisors INC purchased a new stake in Dimensional Emerging Core Equity Market ETF during the 3rd quarter worth about $42,000. Assetmark Inc. raised its stake in Dimensional Emerging Core Equity Market ETF by 40.5% in the 4th quarter. Assetmark Inc. now owns 1,422 shares of the company’s stock valued at $46,000 after purchasing an additional 410 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in Dimensional Emerging Core Equity Market ETF by 3,289.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,000 shares of the company’s stock valued at $62,000 after purchasing an additional 1,941 shares during the last quarter.

Dimensional Emerging Core Equity Market ETF Trading Down 0.1%

NYSEARCA:DFAE opened at $40.49 on Friday. Dimensional Emerging Core Equity Market ETF has a 12-month low of $27.10 and a 12-month high of $40.76. The firm has a market cap of $9.61 billion, a price-to-earnings ratio of 14.98 and a beta of 0.70. The company’s 50-day moving average is $37.08 and its two-hundred day moving average is $35.04.

Dimensional Emerging Core Equity Market ETF Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.