MAI Capital Management Buys 37,508 Shares of Dimensional US Core Equity Market ETF $DFAU

MAI Capital Management boosted its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 7.7% in the second quarter, HoldingsChannel reports. The firm owned 524,082 shares of the company’s stock after buying an additional 37,508 shares during the period. MAI Capital Management’s holdings in Dimensional US Core Equity Market ETF were worth $22,200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Dimensional US Core Equity Market ETF by 11.0% in the 4th quarter. Brighton Jones LLC now owns 989,254 shares of the company’s stock valued at $40,055,000 after buying an additional 98,296 shares during the period. Maryland Capital Advisors Inc. boosted its holdings in Dimensional US Core Equity Market ETF by 18.9% in the first quarter. Maryland Capital Advisors Inc. now owns 257,710 shares of the company’s stock worth $9,906,000 after acquiring an additional 41,044 shares in the last quarter. Morling Financial Advisors LLC grew its stake in Dimensional US Core Equity Market ETF by 2.0% in the first quarter. Morling Financial Advisors LLC now owns 512,961 shares of the company’s stock valued at $19,718,000 after acquiring an additional 10,297 shares during the period. Grand Wealth Management LLC bought a new stake in shares of Dimensional US Core Equity Market ETF during the first quarter valued at approximately $105,000. Finally, Keystone Financial Group Inc. raised its position in shares of Dimensional US Core Equity Market ETF by 7.2% during the first quarter. Keystone Financial Group Inc. now owns 639,454 shares of the company’s stock worth $24,497,000 after purchasing an additional 42,872 shares during the period.

Dimensional US Core Equity Market ETF Stock Down 1.5%

Shares of DFAU opened at $44.61 on Friday. The business’s fifty day moving average is $45.88 and its 200 day moving average is $43.56. Dimensional US Core Equity Market ETF has a 12-month low of $33.06 and a 12-month high of $47.17. The stock has a market cap of $9.55 billion, a P/E ratio of 23.25 and a beta of 1.00.

Dimensional US Core Equity Market ETF 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.