Greenspring Advisors LLC Invests $293.34 Million in Dimensional U.S. Core Equity 2 ETF $DFAC

Greenspring Advisors LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,605,462 shares of the company’s stock, valued at approximately $293,343,000. Dimensional U.S. Core Equity 2 ETF comprises 51.9% of Greenspring Advisors LLC’s portfolio, making the stock its biggest position.

A number of other hedge funds have also modified their holdings of DFAC. Vestmark Advisory Solutions Inc. grew its holdings 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 valued at $315,745,000 after purchasing an additional 4,593,492 shares during the period. HFM Investment Advisors LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF in the first quarter worth $89,633,000. Envestnet Asset Management Inc. boosted its position in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock worth $1,965,075,000 after purchasing an additional 2,622,796 shares in the last quarter. Porter White Investment Advisors Inc. acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 1st quarter valued at $83,747,000. Finally, Focus Partners Wealth increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 6.5% in the 1st quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock valued at $1,330,043,000 after buying an additional 2,458,453 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.5%

Shares of Dimensional U.S. Core Equity 2 ETF stock opened at $39.79 on Monday. The stock’s fifty day simple moving average is $39.26 and its 200 day simple moving average is $38.04. The company has a market capitalization of $40.30 billion, a PE ratio of 20.75 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $28.39 and a 12 month high of $40.21.

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.