Dimensional U.S. Core Equity 2 ETF $DFAC Position Boosted by United Wealth Management LLC

United Wealth Management LLC lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,509,007 shares of the company’s stock after purchasing an additional 73,025 shares during the quarter. Dimensional U.S. Core Equity 2 ETF comprises about 36.5% of United Wealth Management LLC’s investment portfolio, making the stock its biggest position. United Wealth Management LLC owned about 0.36% of Dimensional U.S. Core Equity 2 ETF worth $125,763,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vestmark Advisory Solutions Inc. lifted its position in Dimensional U.S. Core Equity 2 ETF by 108.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 8,809,842 shares of the company’s stock worth $315,745,000 after buying an additional 4,593,492 shares during the period. HFM Investment Advisors LLC purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth about $89,633,000. Envestnet Asset Management Inc. lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock worth $1,965,075,000 after acquiring an additional 2,622,796 shares during the period. Porter White Investment Advisors Inc. acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the first quarter worth approximately $83,747,000. Finally, Focus Partners Wealth grew its holdings in Dimensional U.S. Core Equity 2 ETF by 6.5% in the first quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock valued at $1,330,043,000 after purchasing an additional 2,458,453 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Performance

Shares of DFAC stock opened at $39.69 on Friday. The firm has a market capitalization of $39.76 billion, a price-to-earnings ratio of 20.75 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a one year low of $28.39 and a one year high of $39.86. The company has a 50 day moving average price of $38.77 and a 200 day moving average price of $37.28.

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.