Sequoia Financial Advisors LLC Sells 17,305 Shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

Sequoia Financial Advisors LLC cut its position in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 1.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,456,020 shares of the company’s stock after selling 17,305 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Dimensional U.S. Equity ETF were worth $88,060,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Principal Securities Inc. raised its holdings in Dimensional U.S. Equity ETF by 341.2% in the fourth quarter. Principal Securities Inc. now owns 750 shares of the company’s stock worth $48,000 after purchasing an additional 580 shares in the last quarter. Accredited Wealth Management LLC bought a new position in Dimensional U.S. Equity ETF in the fourth quarter worth about $64,000. Rialto Wealth Management LLC purchased a new stake in shares of Dimensional U.S. Equity ETF during the fourth quarter worth about $66,000. 10Elms LLP purchased a new stake in shares of Dimensional U.S. Equity ETF during the fourth quarter worth about $88,000. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of Dimensional U.S. Equity ETF during the fourth quarter worth about $99,000.

Dimensional U.S. Equity ETF Stock Performance

Shares of DFUS stock opened at $65.85 on Thursday. Dimensional U.S. Equity ETF has a fifty-two week low of $52.10 and a fifty-two week high of $66.78. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 24.85 and a beta of 1.02. The stock’s 50-day simple moving average is $62.69 and its 200-day simple moving average is $63.01.

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.