Abacus Planning Group Inc. Makes New Investment in Dimensional U.S. Small Cap ETF $DFAS

Abacus Planning Group Inc. purchased a new position in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 90,651 shares of the company’s stock, valued at approximately $5,775,000. Dimensional U.S. Small Cap ETF makes up 0.6% of Abacus Planning Group Inc.’s investment portfolio, making the stock its 28th biggest position. Abacus Planning Group Inc. owned approximately 0.06% of Dimensional U.S. Small Cap ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DFAS. NBC Securities Inc. purchased a new position in Dimensional U.S. Small Cap ETF during the first quarter worth approximately $54,000. Merit Financial Group LLC boosted its position in Dimensional U.S. Small Cap ETF by 130.3% during the first quarter. Merit Financial Group LLC now owns 11,773 shares of the company’s stock worth $703,000 after purchasing an additional 6,660 shares in the last quarter. Naples Global Advisors LLC lifted its position in shares of Dimensional U.S. Small Cap ETF by 1.3% in the first quarter. Naples Global Advisors LLC now owns 17,216 shares of the company’s stock valued at $1,029,000 after acquiring an additional 226 shares in the last quarter. McNamara Financial Services Inc. purchased a new position in shares of Dimensional U.S. Small Cap ETF in the first quarter valued at approximately $331,000. Finally, Strategent Financial LLC lifted its position in shares of Dimensional U.S. Small Cap ETF by 20.5% in the first quarter. Strategent Financial LLC now owns 41,884 shares of the company’s stock valued at $2,503,000 after acquiring an additional 7,123 shares in the last quarter.

Dimensional U.S. Small Cap ETF Price Performance

NYSEARCA DFAS opened at $68.75 on Friday. The company has a market cap of $11.15 billion, a PE ratio of 15.89 and a beta of 0.97. The stock’s 50 day simple moving average is $67.31 and its 200-day simple moving average is $63.15. Dimensional U.S. Small Cap ETF has a 1-year low of $51.45 and a 1-year high of $71.78.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.