SpringVest Wealth Management LLC Has $3.08 Million Holdings in Dimensional US Core Equity Market ETF $DFAU

SpringVest Wealth Management LLC reduced its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 23.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 72,751 shares of the company’s stock after selling 22,051 shares during the quarter. Dimensional US Core Equity Market ETF accounts for approximately 2.5% of SpringVest Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. SpringVest Wealth Management LLC’s holdings in Dimensional US Core Equity Market ETF were worth $3,082,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in DFAU. CENTRAL TRUST Co bought a new stake in shares of Dimensional US Core Equity Market ETF in the first quarter valued at approximately $75,000. Cloud Capital Management LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the first quarter valued at approximately $80,000. Grand Wealth Management LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the first quarter valued at approximately $105,000. Wealth Preservation Advisors LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the first quarter valued at approximately $176,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the first quarter valued at approximately $209,000.

Dimensional US Core Equity Market ETF Trading Up 0.6%

Shares of DFAU stock opened at $46.20 on Thursday. The stock has a market cap of $9.56 billion, a P/E ratio of 23.25 and a beta of 0.98. The stock has a 50 day simple moving average of $44.71 and a 200 day simple moving average of $41.63. Dimensional US Core Equity Market ETF has a 1 year low of $33.06 and a 1 year high of $46.24.

Dimensional US Core Equity Market ETF Company Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.