Envestnet Asset Management Inc. Sells 861,962 Shares of Dimensional U.S. Small Cap ETF $DFAS

Envestnet Asset Management Inc. reduced its position in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 35.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,603,773 shares of the company’s stock after selling 861,962 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Dimensional U.S. Small Cap ETF were worth $109,794,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DFAS. Creative Planning raised its holdings in shares of Dimensional U.S. Small Cap ETF by 20.3% in the 2nd quarter. Creative Planning now owns 20,228,460 shares of the company’s stock valued at $1,288,755,000 after purchasing an additional 3,407,436 shares during the period. Midwest Trust Co bought a new position in Dimensional U.S. Small Cap ETF during the second quarter worth about $119,350,000. Bank of America Corp DE increased its position in Dimensional U.S. Small Cap ETF by 15.7% during the second quarter. Bank of America Corp DE now owns 6,216,760 shares of the company’s stock worth $396,070,000 after buying an additional 841,620 shares during the last quarter. Washington Trust Bank acquired a new position in Dimensional U.S. Small Cap ETF during the second quarter worth approximately $50,205,000. Finally, Thrivent Financial for Lutherans raised its stake in Dimensional U.S. Small Cap ETF by 1,672.9% in the third quarter. Thrivent Financial for Lutherans now owns 529,522 shares of the company’s stock valued at $36,251,000 after buying an additional 499,655 shares during the period.

Dimensional U.S. Small Cap ETF Trading Up 3.0%

Shares of NYSEARCA DFAS opened at $76.26 on Friday. Dimensional U.S. Small Cap ETF has a 12 month low of $51.45 and a 12 month high of $76.40. The stock has a 50 day moving average of $72.31 and a 200-day moving average of $69.25. The company has a market capitalization of $13.43 billion, a P/E ratio of 15.89 and a beta of 1.06.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.