Diversified Portfolios Inc. Trims Holdings in Dimensional International Core Equity Market ETF $DFAI

Diversified Portfolios Inc. trimmed its position in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) by 4.6% in the 4th quarter, HoldingsChannel reports. The firm owned 391,367 shares of the company’s stock after selling 18,901 shares during the quarter. Dimensional International Core Equity Market ETF makes up about 1.2% of Diversified Portfolios Inc.’s portfolio, making the stock its 19th largest position. Diversified Portfolios Inc.’s holdings in Dimensional International Core Equity Market ETF were worth $14,915,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DFAI. Coldstream Capital Management Inc. raised its stake in shares of Dimensional International Core Equity Market ETF by 91.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 11,081,931 shares of the company’s stock valued at $402,828,000 after buying an additional 5,295,294 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Dimensional International Core Equity Market ETF by 7.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,951,060 shares of the company’s stock valued at $361,721,000 after buying an additional 703,703 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Dimensional International Core Equity Market ETF by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 8,178,938 shares of the company’s stock valued at $297,304,000 after buying an additional 625,143 shares during the last quarter. SYM FINANCIAL Corp raised its stake in shares of Dimensional International Core Equity Market ETF by 1.2% during the 3rd quarter. SYM FINANCIAL Corp now owns 6,696,421 shares of the company’s stock valued at $243,415,000 after buying an additional 81,862 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Dimensional International Core Equity Market ETF by 1.6% during the 3rd quarter. Northern Trust Corp now owns 5,691,838 shares of the company’s stock valued at $206,898,000 after buying an additional 89,198 shares during the last quarter.

Dimensional International Core Equity Market ETF Stock Performance

NYSEARCA DFAI opened at $41.54 on Tuesday. The stock has a 50-day simple moving average of $40.31 and a two-hundred day simple moving average of $39.47. The firm has a market capitalization of $16.04 billion, a P/E ratio of 15.89 and a beta of 0.76. Dimensional International Core Equity Market ETF has a fifty-two week low of $33.36 and a fifty-two week high of $42.43.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.