MAI Capital Management Grows Stake in Dimensional US Core Equity Market ETF $DFAU

MAI Capital Management raised its holdings in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 548,527 shares of the company’s stock after purchasing an additional 24,445 shares during the period. MAI Capital Management’s holdings in Dimensional US Core Equity Market ETF were worth $25,101,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Baker Tilly Wealth Management LLC acquired a new stake in Dimensional US Core Equity Market ETF in the third quarter worth about $1,118,000. Great Point Wealth Advisors LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the 3rd quarter valued at approximately $14,316,000. Kooman & Associates boosted its stake in Dimensional US Core Equity Market ETF by 2.8% in the 3rd quarter. Kooman & Associates now owns 2,785,357 shares of the company’s stock worth $127,458,000 after purchasing an additional 75,775 shares in the last quarter. Croban purchased a new stake in Dimensional US Core Equity Market ETF during the 3rd quarter worth approximately $6,708,000. Finally, Highland Financial Advisors LLC increased its stake in Dimensional US Core Equity Market ETF by 4.9% during the 3rd quarter. Highland Financial Advisors LLC now owns 727,979 shares of the company’s stock valued at $33,312,000 after purchasing an additional 33,684 shares in the last quarter.

Dimensional US Core Equity Market ETF Trading Up 0.8%

NYSEARCA:DFAU opened at $47.67 on Wednesday. Dimensional US Core Equity Market ETF has a 12 month low of $33.06 and a 12 month high of $48.36. The firm has a fifty day simple moving average of $47.47 and a 200-day simple moving average of $46.29. The company has a market capitalization of $10.55 billion, a P/E ratio of 23.25 and a beta of 1.00.

Dimensional US Core Equity Market ETF Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.