Dimensional U.S. Small Cap ETF $DFAS Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC boosted its holdings in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 1,041.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 134,426 shares of the company’s stock after buying an additional 122,653 shares during the quarter. Merit Financial Group LLC’s holdings in Dimensional U.S. Small Cap ETF were worth $8,564,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Hughes Financial Services LLC acquired a new position in Dimensional U.S. Small Cap ETF during the 1st quarter valued at about $30,000. Reyes Financial Architecture Inc. acquired a new position in Dimensional U.S. Small Cap ETF during the 2nd quarter valued at about $36,000. Trust Co. of Vermont acquired a new position in shares of Dimensional U.S. Small Cap ETF in the second quarter valued at about $42,000. Golden State Wealth Management LLC acquired a new position in shares of Dimensional U.S. Small Cap ETF in the first quarter valued at about $44,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Dimensional U.S. Small Cap ETF in the first quarter valued at about $46,000.

Dimensional U.S. Small Cap ETF Stock Performance

Shares of DFAS stock opened at $69.10 on Monday. The stock’s 50-day simple moving average is $67.37 and its 200-day simple moving average is $63.24. The firm has a market capitalization of $11.50 billion, a PE ratio of 15.89 and a beta of 0.97. Dimensional U.S. Small Cap ETF has a fifty-two week low of $51.45 and a fifty-two week high of $71.78.

Dimensional U.S. Small Cap ETF 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.