NewEdge Advisors LLC Trims Stake in Dimensional U.S. Core Equity 2 ETF $DFAC

NewEdge Advisors LLC reduced its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 7.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,292,841 shares of the company’s stock after selling 191,430 shares during the quarter. NewEdge Advisors LLC owned approximately 0.22% of Dimensional U.S. Core Equity 2 ETF worth $89,100,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV increased its position in Dimensional U.S. Core Equity 2 ETF by 5.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock worth $2,547,944,000 after buying an additional 3,126,277 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 0.4% during the 4th quarter. Focus Partners Wealth now owns 42,704,909 shares of the company’s stock valued at $1,690,687,000 after buying an additional 180,988 shares in the last quarter. Forum Financial Management LP lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 3.1% during the 1st quarter. Forum Financial Management LP now owns 42,328,643 shares of the company’s stock valued at $1,644,891,000 after buying an additional 1,259,943 shares in the last quarter. LPL Financial LLC grew its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 17,742,346 shares of the company’s stock valued at $702,419,000 after acquiring an additional 242,867 shares during the period. Finally, Focus Partners Advisor Solutions LLC grew its stake in shares of Dimensional U.S. Core Equity 2 ETF by 42.8% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock valued at $631,030,000 after acquiring an additional 4,775,954 shares during the period.

Dimensional U.S. Core Equity 2 ETF Trading Down 0.2%

Dimensional U.S. Core Equity 2 ETF stock opened at $45.62 on Friday. The firm has a 50 day moving average of $44.26 and a 200 day moving average of $42.18. The firm has a market capitalization of $49.09 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $36.43 and a 12-month high of $46.15.

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.