Forvis Mazars Wealth Advisors LLC Acquires 3,286,554 Shares of Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Forvis Mazars Wealth Advisors LLC acquired a new stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,286,554 shares of the company’s stock, valued at approximately $130,542,000. Dimensional Emerging Markets Core Equity 2 ETF makes up about 2.1% of Forvis Mazars Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DFEM. Financial Connections Group Inc. purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF during the first quarter worth $29,000. Capital Analysts LLC acquired a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the second quarter valued at about $51,000. BankChampaign National Association acquired a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the first quarter valued at about $52,000. Western Wealth Management LLC purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the first quarter worth about $58,000. Finally, Community Bank N.A. purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the second quarter worth about $93,000.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

Shares of NYSEARCA:DFEM traded down $0.21 during midday trading on Tuesday, hitting $39.46. The company’s stock had a trading volume of 1,181,048 shares, compared to its average volume of 897,374. The company has a market cap of $9.51 billion, a P/E ratio of 14.02 and a beta of 0.80. Dimensional Emerging Markets Core Equity 2 ETF has a 12-month low of $31.49 and a 12-month high of $42.57. The business’s 50 day simple moving average is $40.01 and its 200 day simple moving average is $39.23.

About Dimensional Emerging Markets Core Equity 2 ETF

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.