Porter White Investment Advisors Inc. Makes New Investment in Dimensional World ex U.S. Core Equity 2 ETF $DFAX

Porter White Investment Advisors Inc. purchased a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 303,474 shares of the company’s stock, valued at approximately $11,235,000. Dimensional World ex U.S. Core Equity 2 ETF accounts for 7.0% of Porter White Investment Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. Porter White Investment Advisors Inc. owned about 0.09% of Dimensional World ex U.S. Core Equity 2 ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFAX. Envestnet Asset Management Inc. lifted its position in Dimensional World ex U.S. Core Equity 2 ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 6,693,905 shares of the company’s stock valued at $246,603,000 after buying an additional 89,201 shares during the last quarter. Monograph Wealth Advisors LLC raised its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1.8% in the 1st quarter. Monograph Wealth Advisors LLC now owns 6,166,855 shares of the company’s stock valued at $209,488,000 after acquiring an additional 106,079 shares during the period. Great Waters Wealth Management raised its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 5.8% in the 3rd quarter. Great Waters Wealth Management now owns 5,348,513 shares of the company’s stock valued at $198,002,000 after acquiring an additional 294,434 shares during the period. Glenmede Trust Co. NA lifted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1.3% in the 1st quarter. Glenmede Trust Co. NA now owns 5,208,807 shares of the company’s stock worth $176,943,000 after acquiring an additional 66,092 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1.7% in the 1st quarter. Royal Bank of Canada now owns 3,769,013 shares of the company’s stock worth $128,032,000 after acquiring an additional 61,232 shares during the last quarter.

Dimensional World ex U.S. Core Equity 2 ETF Stock Performance

NYSEARCA:DFAX opened at $36.58 on Thursday. The stock has a market capitalization of $12.20 billion, a P/E ratio of 14.59 and a beta of 0.76. The company has a 50 day moving average price of $37.74 and a 200 day moving average price of $36.98. Dimensional World ex U.S. Core Equity 2 ETF has a fifty-two week low of $30.81 and a fifty-two week high of $38.74.

Dimensional World ex U.S. Core Equity 2 ETF Profile

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.