Nova R Wealth Inc. Invests $1.92 Million in Dimensional U.S. Equity ETF $DFUS

Nova R Wealth Inc. purchased a new stake in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 25,935 shares of the company’s stock, valued at approximately $1,924,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC increased its stake in Dimensional U.S. Equity ETF by 87.1% during the first quarter. AQR Capital Management LLC now owns 65,906 shares of the company’s stock valued at $3,986,000 after purchasing an additional 30,674 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Dimensional U.S. Equity ETF in the 1st quarter worth about $2,047,000. Global Retirement Partners LLC acquired a new position in shares of Dimensional U.S. Equity ETF in the 2nd quarter valued at about $420,000. J.W. Cole Advisors Inc. acquired a new position in shares of Dimensional U.S. Equity ETF in the 2nd quarter valued at about $823,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Dimensional U.S. Equity ETF by 0.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 99,759 shares of the company’s stock valued at $6,686,000 after buying an additional 390 shares during the last quarter.

Dimensional U.S. Equity ETF Stock Down 1.7%

DFUS opened at $69.19 on Friday. The firm has a market cap of $16.95 billion, a price-to-earnings ratio of 24.45 and a beta of 1.01. Dimensional U.S. Equity ETF has a fifty-two week low of $52.10 and a fifty-two week high of $76.08. The company’s 50-day moving average price is $74.03 and its 200 day moving average price is $73.67.

Dimensional U.S. Equity ETF Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.