Riverchase Wealth Management LLC Sells 19,330 Shares of Dimensional U.S. Core Equity 2 ETF $DFAC

Riverchase Wealth Management LLC reduced its stake in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 4.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 400,075 shares of the company’s stock after selling 19,330 shares during the quarter. Dimensional U.S. Core Equity 2 ETF comprises about 8.1% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Riverchase Wealth Management LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $15,547,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 5.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock valued at $2,547,944,000 after acquiring an additional 3,126,277 shares during the period. Focus Partners Wealth grew its holdings in Dimensional U.S. Core Equity 2 ETF by 0.4% during the fourth quarter. Focus Partners Wealth now owns 42,704,909 shares of the company’s stock valued at $1,690,687,000 after purchasing an additional 180,988 shares during the period. Forum Financial Management LP grew its holdings in Dimensional U.S. Core Equity 2 ETF by 2.6% during the fourth quarter. Forum Financial Management LP now owns 41,068,700 shares of the company’s stock valued at $1,625,910,000 after purchasing an additional 1,029,990 shares during the period. LPL Financial LLC increased its stake in Dimensional U.S. Core Equity 2 ETF by 1.4% in the fourth quarter. LPL Financial LLC now owns 17,742,346 shares of the company’s stock valued at $702,419,000 after purchasing an additional 242,867 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC increased its stake in Dimensional U.S. Core Equity 2 ETF by 42.8% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock valued at $631,030,000 after purchasing an additional 4,775,954 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

DFAC opened at $43.62 on Wednesday. The firm’s fifty day moving average is $43.15 and its two-hundred day moving average is $41.19. The firm has a market cap of $45.74 billion, a PE ratio of 20.75 and a beta of 0.98. Dimensional U.S. Core Equity 2 ETF has a twelve month low of $35.05 and a twelve month high of $44.71.

Dimensional U.S. Core Equity 2 ETF 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.