Dimensional Emerging Core Equity Market ETF $DFAE Shares Sold by Royal Bank of Canada

Royal Bank of Canada reduced its position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 7.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,924,506 shares of the company’s stock after selling 163,637 shares during the quarter. Royal Bank of Canada’s holdings in Dimensional Emerging Core Equity Market ETF were worth $65,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC purchased a new stake in Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at about $26,000. IMG Wealth Management Inc. purchased a new position in shares of Dimensional Emerging Core Equity Market ETF in the 4th quarter worth about $28,000. UMB Bank n.a. purchased a new position in shares of Dimensional Emerging Core Equity Market ETF in the 4th quarter worth about $29,000. Angeles Wealth Management LLC acquired a new position in shares of Dimensional Emerging Core Equity Market ETF in the 1st quarter valued at about $36,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Dimensional Emerging Core Equity Market ETF in the 3rd quarter valued at about $42,000.

Dimensional Emerging Core Equity Market ETF Stock Performance

Shares of NYSEARCA:DFAE opened at $37.52 on Friday. The stock has a 50-day simple moving average of $39.28 and a 200-day simple moving average of $37.17. The stock has a market capitalization of $9.29 billion, a P/E ratio of 14.98 and a beta of 0.71. Dimensional Emerging Core Equity Market ETF has a 1 year low of $28.90 and a 1 year high of $42.16.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.