Asset Dedication LLC Purchases 4,593,420 Shares of Dimensional U.S. Core Equity 2 ETF $DFAC

Asset Dedication LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the third quarter, HoldingsChannel.com reports. The firm purchased 4,593,420 shares of the company’s stock, valued at approximately $204,178,000. Dimensional U.S. Core Equity 2 ETF makes up about 12.5% of Asset Dedication LLC’s portfolio, making the stock its biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the company. TOP Private Wealth LLC. acquired a new stake in Dimensional U.S. Core Equity 2 ETF during the 2nd quarter valued at $30,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter valued at approximately $44,000. TD Waterhouse Canada Inc. bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth approximately $59,000. NI Acquisitions Company LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth about $107,000. Finally, Capital Analysts LLC bought a new position in Dimensional U.S. Core Equity 2 ETF during the 2nd quarter valued at about $111,000.

Dimensional U.S. Core Equity 2 ETF Stock Performance

DFAC opened at $43.79 on Friday. The stock has a market capitalization of $48.06 billion, a PE ratio of 20.75 and a beta of 0.99. Dimensional U.S. Core Equity 2 ETF has a one year low of $37.47 and a one year high of $46.35. The business’s 50 day moving average price is $45.03 and its 200 day moving average price is $43.18.

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.