Sax Wealth Advisors LLC Increases Holdings in Dimensional US Core Equity Market ETF $DFAU

Sax Wealth Advisors LLC grew its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 25.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 530,831 shares of the company’s stock after purchasing an additional 109,308 shares during the quarter. Dimensional US Core Equity Market ETF comprises 1.0% of Sax Wealth Advisors LLC’s holdings, making the stock its 18th biggest position. Sax Wealth Advisors LLC’s holdings in Dimensional US Core Equity Market ETF were worth $27,439,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. bought a new position in Dimensional US Core Equity Market ETF in the 4th quarter worth about $43,000. Turtle Creek Wealth Advisors LLC bought a new stake in Dimensional US Core Equity Market ETF during the 1st quarter valued at about $43,000. Godfrey Financial Associates Inc. bought a new stake in Dimensional US Core Equity Market ETF during the 4th quarter valued at about $70,000. SJS Investment Consulting Inc. raised its holdings in Dimensional US Core Equity Market ETF by 33.6% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $74,000 after buying an additional 410 shares during the last quarter. Finally, PNC Financial Services Group Inc. purchased a new position in Dimensional US Core Equity Market ETF in the first quarter worth about $101,000.

Dimensional US Core Equity Market ETF Stock Performance

Shares of NYSEARCA DFAU opened at $53.53 on Friday. The firm’s 50 day moving average price is $51.67 and its 200-day moving average price is $49.27. The company has a market cap of $12.85 billion, a PE ratio of 23.25 and a beta of 1.00. Dimensional US Core Equity Market ETF has a 52-week low of $43.46 and a 52-week high of $53.76.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.