Mercer Global Advisors Inc. ADV Has $2.36 Billion Holdings in Dimensional U.S. Core Equity 2 ETF $DFAC

Mercer Global Advisors Inc. ADV increased its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 8.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,231,926 shares of the company’s stock after purchasing an additional 4,669,622 shares during the quarter. Dimensional U.S. Core Equity 2 ETF makes up about 3.9% of Mercer Global Advisors Inc. ADV’s investment portfolio, making the stock its 4th largest holding. Mercer Global Advisors Inc. ADV owned about 6.11% of Dimensional U.S. Core Equity 2 ETF worth $2,361,716,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in Dimensional U.S. Core Equity 2 ETF by 46.5% during the second quarter. PNC Financial Services Group Inc. now owns 44,143 shares of the company’s stock valued at $1,582,000 after buying an additional 14,007 shares during the period. Cetera Investment Advisers grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 17.2% in the 2nd quarter. Cetera Investment Advisers now owns 1,115,586 shares of the company’s stock worth $39,983,000 after buying an additional 163,581 shares during the period. Citizens Financial Group Inc. RI grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 30.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 68,897 shares of the company’s stock worth $2,469,000 after buying an additional 15,923 shares during the period. Pinnacle Financial Group LLC IL increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 0.9% in the 2nd quarter. Pinnacle Financial Group LLC IL now owns 519,907 shares of the company’s stock worth $18,633,000 after acquiring an additional 4,686 shares in the last quarter. Finally, Rockbridge Investment Management LCC increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 7.0% in the 2nd quarter. Rockbridge Investment Management LCC now owns 3,289,923 shares of the company’s stock worth $117,911,000 after acquiring an additional 214,035 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of NYSEARCA DFAC opened at $39.44 on Tuesday. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $28.39 and a 1 year high of $41.64. The firm has a 50-day moving average of $40.65 and a 200 day moving average of $39.49. The stock has a market cap of $40.28 billion, a P/E ratio of 20.75 and a beta of 1.00.

Dimensional U.S. Core Equity 2 ETF 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.