Summit Portfolio Management LTD. Takes Position in Dimensional U.S. Core Equity 2 ETF $DFAC

Summit Portfolio Management LTD. bought a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 92,402 shares of the company’s stock, valued at approximately $3,591,000. Dimensional U.S. Core Equity 2 ETF accounts for about 2.3% of Summit Portfolio Management LTD.’s holdings, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Greenspring Advisors LLC lifted its position in Dimensional U.S. Core Equity 2 ETF by 74.3% in the 4th quarter. Greenspring Advisors LLC now owns 13,253,011 shares of the company’s stock worth $524,687,000 after buying an additional 5,647,549 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 42.8% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock valued at $631,030,000 after buying an additional 4,775,954 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 8.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock valued at $2,361,716,000 after acquiring an additional 4,669,622 shares in the last quarter. Burton Enright Welch purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 4th quarter valued at $145,627,000. Finally, Financial Plan Inc. acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter worth $132,114,000.

Dimensional U.S. Core Equity 2 ETF Trading Down 0.5%

Shares of NYSEARCA:DFAC opened at $44.04 on Thursday. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $35.83 and a 1 year high of $44.71. The business has a fifty day simple moving average of $43.66 and a 200 day simple moving average of $41.54. The firm has a market cap of $47.07 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98.

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.