AdvisorNet Financial Inc Makes New Investment in Dimensional U.S. Core Equity 2 ETF $DFAC

AdvisorNet Financial Inc bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the 3rd quarter, Holdings Channel.com reports. The firm bought 737,324 shares of the company’s stock, valued at approximately $33,098,000. Dimensional U.S. Core Equity 2 ETF comprises approximately 1.5% of AdvisorNet Financial Inc’s holdings, making the stock its 11th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Forum Financial Management LP boosted its position in Dimensional U.S. Core Equity 2 ETF by 3.1% during the 1st quarter. Forum Financial Management LP now owns 42,328,643 shares of the company’s stock worth $1,644,891,000 after purchasing an additional 1,259,943 shares during the period. Apella Capital LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 6.6% in the third quarter. Apella Capital LLC now owns 17,175,406 shares of the company’s stock valued at $775,985,000 after purchasing an additional 1,064,750 shares during the period. Envestnet Asset Management Inc. raised its position in Dimensional U.S. Core Equity 2 ETF by 4.2% in the second quarter. Envestnet Asset Management Inc. now owns 13,812,388 shares of the company’s stock valued at $612,718,000 after purchasing an additional 552,680 shares during the period. Rockwood Wealth Management LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 4.1% in the first quarter. Rockwood Wealth Management LLC now owns 12,077,663 shares of the company’s stock valued at $469,338,000 after purchasing an additional 478,929 shares during the period. Finally, SJS Investment Consulting Inc. lifted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.3% during the first quarter. SJS Investment Consulting Inc. now owns 9,231,772 shares of the company’s stock worth $358,747,000 after purchasing an additional 120,004 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of DFAC opened at $45.19 on Friday. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $37.47 and a 12 month high of $46.35. The stock’s 50-day moving average is $45.32 and its two-hundred day moving average is $43.93. The stock has a market cap of $49.27 billion, a PE ratio of 20.75 and a beta of 0.98.

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.