Fifth Third Bancorp Has $63.42 Million Stock Holdings in Dimensional U.S. Core Equity 2 ETF $DFAC

Fifth Third Bancorp boosted its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 3,357.8% in the first quarter, Holdings Channel reports. The institutional investor owned 1,631,943 shares of the company’s stock after acquiring an additional 1,584,747 shares during the quarter. Fifth Third Bancorp’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $63,417,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DFAC. Gradient Capital Advisors LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 1.1% during the fourth quarter. Gradient Capital Advisors LLC now owns 24,803 shares of the company’s stock worth $982,000 after acquiring an additional 273 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in Dimensional U.S. Core Equity 2 ETF by 0.6% during the third quarter. Kestra Private Wealth Services LLC now owns 49,741 shares of the company’s stock valued at $1,918,000 after purchasing an additional 281 shares during the last quarter. Legacy Wealth Management Inc grew its stake in Dimensional U.S. Core Equity 2 ETF by 5.1% in the fourth quarter. Legacy Wealth Management Inc now owns 6,256 shares of the company’s stock valued at $248,000 after purchasing an additional 305 shares in the last quarter. IFP Advisors Inc grew its stake in Dimensional U.S. Core Equity 2 ETF by 1.0% in the fourth quarter. IFP Advisors Inc now owns 31,887 shares of the company’s stock valued at $1,262,000 after purchasing an additional 325 shares in the last quarter. Finally, Ancora Advisors LLC increased its position in Dimensional U.S. Core Equity 2 ETF by 30.7% in the 3rd quarter. Ancora Advisors LLC now owns 1,401 shares of the company’s stock worth $54,000 after purchasing an additional 329 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of DFAC stock opened at $44.61 on Monday. Dimensional U.S. Core Equity 2 ETF has a fifty-two week low of $35.83 and a fifty-two week high of $44.71. The stock’s 50-day moving average is $43.76 and its two-hundred day moving average is $41.61. The firm has a market cap of $47.84 billion, a P/E ratio of 20.75 and a beta of 0.98.

About Dimensional U.S. Core Equity 2 ETF

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.