Selective Wealth Management Inc. Acquires 52,517 Shares of Dimensional U.S. Core Equity 2 ETF $DFAC

Selective Wealth Management Inc. lifted its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 25.0% during the third quarter, HoldingsChannel.com reports. The firm owned 262,423 shares of the company’s stock after purchasing an additional 52,517 shares during the quarter. Dimensional U.S. Core Equity 2 ETF makes up about 2.7% of Selective Wealth Management Inc.’s portfolio, making the stock its 5th largest holding. Selective Wealth Management Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $11,859,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Annex Advisory Services LLC bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter worth approximately $325,000. Granite Islands Private Wealth LLC purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter valued at approximately $1,840,000. Summit Financial Consulting LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 14.7% during the third quarter. Summit Financial Consulting LLC now owns 5,838 shares of the company’s stock valued at $259,000 after purchasing an additional 748 shares during the last quarter. Two West Capital Advisors LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 1.8% during the third quarter. Two West Capital Advisors LLC now owns 345,100 shares of the company’s stock valued at $15,405,000 after purchasing an additional 6,133 shares during the last quarter. Finally, First Merchants Corp bought a new position in Dimensional U.S. Core Equity 2 ETF during the third quarter valued at approximately $1,519,000.

Dimensional U.S. Core Equity 2 ETF Price Performance

Dimensional U.S. Core Equity 2 ETF stock traded down $0.41 during midday trading on Friday, reaching $44.78. 1,514,710 shares of the company traded hands, compared to its average volume of 2,446,932. The firm has a market capitalization of $48.82 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. The business has a 50 day moving average of $45.29 and a two-hundred day moving average of $43.94. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $37.47 and a 12 month high of $46.35.

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.