Dimensional U.S. Core Equity 2 ETF $DFAC Stock: Prime Capital Investment Advisors LLC Cuts Position

Prime Capital Investment Advisors LLC lessened its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 6.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 395,366 shares of the company’s stock after selling 25,142 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $17,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. TOP Private Wealth LLC. purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the second quarter worth about $30,000. Longview Financial Advisors Inc. acquired a new position in Dimensional U.S. Core Equity 2 ETF during the first quarter worth about $34,000. MassMutual Private Wealth & Trust FSB purchased a new position in Dimensional U.S. Core Equity 2 ETF in the third quarter valued at about $44,000. TD Waterhouse Canada Inc. purchased a new position in Dimensional U.S. Core Equity 2 ETF in the second quarter valued at about $59,000. Finally, NI Acquisitions Company LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF in the second quarter valued at about $107,000.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of DFAC stock traded up $0.24 during midday trading on Tuesday, reaching $45.11. 728,479 shares of the company traded hands, compared to its average volume of 2,434,738. The firm’s 50 day simple moving average is $45.27 and its two-hundred day simple moving average is $44.03. Dimensional U.S. Core Equity 2 ETF has a 1-year low of $37.47 and a 1-year high of $46.35. The firm has a market cap of $49.31 billion, a PE ratio of 20.75 and a beta of 0.98.

Dimensional U.S. Core Equity 2 ETF Company Profile

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.