Penobscot Wealth Management Has $5.48 Million Stock Position in Dimensional Emerging Core Equity Market ETF $DFAE

Penobscot Wealth Management boosted its holdings in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 16.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 161,843 shares of the company’s stock after purchasing an additional 22,896 shares during the period. Dimensional Emerging Core Equity Market ETF accounts for approximately 1.6% of Penobscot Wealth Management’s portfolio, making the stock its 13th largest position. Penobscot Wealth Management’s holdings in Dimensional Emerging Core Equity Market ETF were worth $5,480,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DFAE. Brighton Jones LLC grew its stake in shares of Dimensional Emerging Core Equity Market ETF by 17.9% in the fourth quarter. Brighton Jones LLC now owns 487,353 shares of the company’s stock worth $12,364,000 after acquiring an additional 73,906 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Dimensional Emerging Core Equity Market ETF during the 1st quarter valued at $1,915,000. Jane Street Group LLC acquired a new position in Dimensional Emerging Core Equity Market ETF during the 1st quarter valued at $7,924,000. Qube Research & Technologies Ltd bought a new stake in Dimensional Emerging Core Equity Market ETF in the 2nd quarter valued at $159,000. Finally, Sei Investments Co. bought a new stake in Dimensional Emerging Core Equity Market ETF in the 2nd quarter valued at $764,000.

Dimensional Emerging Core Equity Market ETF Price Performance

NYSEARCA DFAE opened at $39.86 on Friday. The company’s fifty day moving average is $39.32 and its two-hundred day moving average is $36.15. Dimensional Emerging Core Equity Market ETF has a 52-week low of $28.73 and a 52-week high of $42.16. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 14.98 and a beta of 0.71.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.