169,897 Shares in Dimensional US Core Equity Market ETF $DFAU Acquired by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. acquired a new position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 169,897 shares of the company’s stock, valued at approximately $7,951,000. Dimensional US Core Equity Market ETF accounts for 1.1% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 15th largest holding.

Several other hedge funds also recently added to or reduced their stakes in DFAU. Brighton Jones LLC boosted its position in shares of Dimensional US Core Equity Market ETF by 11.0% during the fourth quarter. Brighton Jones LLC now owns 989,254 shares of the company’s stock worth $40,055,000 after buying an additional 98,296 shares during the period. Royal Bank of Canada boosted its position in shares of Dimensional US Core Equity Market ETF by 4.7% during the first quarter. Royal Bank of Canada now owns 219,696 shares of the company’s stock worth $8,446,000 after buying an additional 9,918 shares during the period. AQR Capital Management LLC boosted its position in shares of Dimensional US Core Equity Market ETF by 24.8% during the first quarter. AQR Capital Management LLC now owns 69,878 shares of the company’s stock worth $2,686,000 after buying an additional 13,895 shares during the period. Jane Street Group LLC purchased a new position in shares of Dimensional US Core Equity Market ETF during the first quarter worth $2,576,000. Finally, Cerity Partners LLC boosted its holdings in Dimensional US Core Equity Market ETF by 3.1% in the second quarter. Cerity Partners LLC now owns 168,580 shares of the company’s stock valued at $7,141,000 after purchasing an additional 5,140 shares during the period.

Dimensional US Core Equity Market ETF Trading Down 0.2%

NYSEARCA:DFAU opened at $50.70 on Wednesday. The firm has a market cap of $11.66 billion, a PE ratio of 23.25 and a beta of 1.00. The stock has a fifty day moving average price of $47.33 and a 200 day moving average price of $47.14. Dimensional US Core Equity Market ETF has a 12-month low of $39.48 and a 12-month high of $50.94.

Dimensional US Core Equity Market ETF Profile

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.