Modera Wealth Management LLC Cuts Position in Dimensional U.S. Core Equity 2 ETF $DFAC

Modera Wealth Management LLC reduced its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,996,437 shares of the company’s stock after selling 78,223 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for 2.2% of Modera Wealth Management LLC’s portfolio, making the stock its 9th largest position. Modera Wealth Management LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $192,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sheets Smith Wealth Management bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the second quarter valued at approximately $201,000. Vestia Personal Wealth Advisors raised its holdings in Dimensional U.S. Core Equity 2 ETF by 12.7% in the second quarter. Vestia Personal Wealth Advisors now owns 356,460 shares of the company’s stock worth $12,774,000 after purchasing an additional 40,182 shares in the last quarter. Gradient Capital Advisors LLC lifted its position in Dimensional U.S. Core Equity 2 ETF by 9.2% during the second quarter. Gradient Capital Advisors LLC now owns 25,497 shares of the company’s stock valued at $914,000 after buying an additional 2,140 shares during the period. Meredith Wealth Planning bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 2nd quarter valued at $845,000. Finally, TRU Independence Asset Management 2 LLC boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 18.0% during the 2nd quarter. TRU Independence Asset Management 2 LLC now owns 435,034 shares of the company’s stock valued at $15,592,000 after buying an additional 66,251 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of Dimensional U.S. Core Equity 2 ETF stock opened at $40.62 on Friday. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $28.39 and a 1 year high of $40.94. The firm has a market cap of $41.39 billion, a price-to-earnings ratio of 20.75 and a beta of 1.00. The company has a 50-day moving average of $39.73 and a 200 day moving average of $38.51.

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.