Modera Wealth Management LLC Buys New Stake in Dimensional US Core Equity Market ETF $DFAU

Modera Wealth Management LLC bought a new position in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,330,367 shares of the company’s stock, valued at approximately $174,378,000. Dimensional US Core Equity Market ETF accounts for 1.8% of Modera Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Modera Wealth Management LLC owned about 1.35% of Dimensional US Core Equity Market ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Spinnaker Investment Group LLC lifted its stake in shares of Dimensional US Core Equity Market ETF by 15.0% in the second quarter. Spinnaker Investment Group LLC now owns 2,645,051 shares of the company’s stock worth $136,723,000 after buying an additional 345,549 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Dimensional US Core Equity Market ETF by 3.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,607,402 shares of the company’s stock worth $393,227,000 after buying an additional 227,760 shares during the period. XY Planning Network Inc. boosted its holdings in shares of Dimensional US Core Equity Market ETF by 43.8% during the 2nd quarter. XY Planning Network Inc. now owns 41,643 shares of the company’s stock worth $2,153,000 after buying an additional 12,685 shares during the period. Baird Financial Group Inc. grew its stake in Dimensional US Core Equity Market ETF by 16.2% in the 2nd quarter. Baird Financial Group Inc. now owns 747,813 shares of the company’s stock valued at $38,654,000 after buying an additional 103,990 shares during the last quarter. Finally, Ballew Advisors Inc acquired a new position in Dimensional US Core Equity Market ETF in the 3rd quarter valued at $663,000.

Dimensional US Core Equity Market ETF Price Performance

Shares of DFAU opened at $52.26 on Friday. The company has a market capitalization of $12.87 billion, a PE ratio of 23.25 and a beta of 1.00. Dimensional US Core Equity Market ETF has a one year low of $43.67 and a one year high of $53.95. The company’s fifty day moving average price is $52.89 and its 200 day moving average price is $50.33.

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.