McCarthy Asset Management Inc. Sells 52,076 Shares of Dimensional U.S. Core Equity 2 ETF $DFAC

McCarthy Asset Management Inc. cut its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 32.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,985 shares of the company’s stock after selling 52,076 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for about 2.2% of McCarthy Asset Management Inc.’s investment portfolio, making the stock its 13th biggest position. McCarthy Asset Management Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $4,236,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Turning Point Benefit Group Inc. bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter worth about $31,000. Ancora Advisors LLC increased its position in Dimensional U.S. Core Equity 2 ETF by 30.7% in the third quarter. Ancora Advisors LLC now owns 1,401 shares of the company’s stock worth $54,000 after purchasing an additional 329 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF in the fourth quarter worth about $72,000. Russell Investments Group Ltd. increased its position in Dimensional U.S. Core Equity 2 ETF by 3,080.6% in the third quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $82,000 after purchasing an additional 2,064 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its position in Dimensional U.S. Core Equity 2 ETF by 647.5% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 2,422 shares of the company’s stock worth $93,000 after purchasing an additional 2,098 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Down 0.4%

Shares of DFAC stock opened at $42.26 on Tuesday. The stock has a 50-day moving average price of $40.35 and a 200 day moving average price of $39.96. The firm has a market cap of $44.31 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $32.53 and a 12 month high of $42.69.

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.