True Wealth Design LLC cut its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC – Free Report) by 5.0% in the second quarter, HoldingsChannel.com reports. The fund owned 1,385,700 shares of the company’s stock after selling 73,134 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for 17.5% of True Wealth Design LLC’s holdings, making the stock its biggest position. True Wealth Design LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $49,663,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vestmark Advisory Solutions Inc. raised its stake in Dimensional U.S. Core Equity 2 ETF by 108.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 8,809,842 shares of the company’s stock valued at $315,745,000 after buying an additional 4,593,492 shares during the last quarter. HFM Investment Advisors LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the first quarter valued at $89,633,000. Envestnet Asset Management Inc. lifted its holdings in Dimensional U.S. Core Equity 2 ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock valued at $1,965,075,000 after acquiring an additional 2,622,796 shares during the period. Porter White Investment Advisors Inc. purchased a new position in Dimensional U.S. Core Equity 2 ETF in the first quarter worth about $83,747,000. Finally, Focus Partners Wealth lifted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 6.5% in the 1st quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock worth $1,330,043,000 after purchasing an additional 2,458,453 shares during the period.
Dimensional U.S. Core Equity 2 ETF Trading Up 0.4%
Shares of DFAC stock opened at $38.62 on Friday. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $28.39 and a 12 month high of $39.51. The stock has a market cap of $38.69 billion, a P/E ratio of 20.75 and a beta of 1.00. The company has a 50 day simple moving average of $38.49 and a two-hundred day simple moving average of $36.44.
About Dimensional U.S. Core Equity 2 ETF
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.
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