Dynamic Advisor Solutions LLC Reduces Stake in Dimensional Emerging Core Equity Market ETF $DFAE

Dynamic Advisor Solutions LLC lowered its stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 3.1% in the 2nd quarter, Holdings Channel reports. The firm owned 419,441 shares of the company’s stock after selling 13,549 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Dimensional Emerging Core Equity Market ETF were worth $16,866,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in Dimensional Emerging Core Equity Market ETF by 11.0% during the first quarter. Bank of America Corp DE now owns 6,797,040 shares of the company’s stock valued at $230,148,000 after acquiring an additional 671,311 shares in the last quarter. UBS Group AG boosted its holdings in Dimensional Emerging Core Equity Market ETF by 5.3% in the 3rd quarter. UBS Group AG now owns 6,449,669 shares of the company’s stock valued at $203,358,000 after purchasing an additional 322,958 shares during the period. Mariner LLC grew its position in shares of Dimensional Emerging Core Equity Market ETF by 4.5% during the 4th quarter. Mariner LLC now owns 4,142,087 shares of the company’s stock valued at $134,926,000 after purchasing an additional 180,130 shares in the last quarter. Root Financial Partners LLC grew its position in shares of Dimensional Emerging Core Equity Market ETF by 6.4% during the 1st quarter. Root Financial Partners LLC now owns 3,229,392 shares of the company’s stock valued at $109,347,000 after purchasing an additional 194,902 shares in the last quarter. Finally, Vise Technologies Inc. increased its holdings in shares of Dimensional Emerging Core Equity Market ETF by 293.1% in the fourth quarter. Vise Technologies Inc. now owns 2,670,478 shares of the company’s stock worth $86,977,000 after purchasing an additional 1,991,134 shares during the period.

Dimensional Emerging Core Equity Market ETF Stock Performance

Shares of DFAE stock opened at $38.73 on Thursday. The company has a market capitalization of $9.59 billion, a PE ratio of 14.98 and a beta of 0.72. Dimensional Emerging Core Equity Market ETF has a 52-week low of $29.40 and a 52-week high of $42.16. The business’s fifty day moving average is $39.19 and its 200 day moving average is $37.28.

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.