Royal Bank of Canada Reduces Stock Holdings in Dimensional US Core Equity Market ETF $DFAU

Royal Bank of Canada lowered its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 5.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 295,928 shares of the company’s stock after selling 15,526 shares during the period. Royal Bank of Canada’s holdings in Dimensional US Core Equity Market ETF were worth $13,352,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in DFAU. Warburton Capital Management LLC raised its holdings in Dimensional US Core Equity Market ETF by 2.7% in the fourth quarter. Warburton Capital Management LLC now owns 11,523 shares of the company’s stock worth $539,000 after buying an additional 306 shares during the last quarter. Mosaic Family Wealth Partners LLC grew its holdings in shares of Dimensional US Core Equity Market ETF by 1.8% during the first quarter. Mosaic Family Wealth Partners LLC now owns 18,223 shares of the company’s stock valued at $822,000 after buying an additional 314 shares during the last quarter. Golden State Equity Partners increased its position in shares of Dimensional US Core Equity Market ETF by 3.8% during the fourth quarter. Golden State Equity Partners now owns 9,057 shares of the company’s stock valued at $424,000 after acquiring an additional 329 shares in the last quarter. Waterfront Wealth Inc. raised its holdings in Dimensional US Core Equity Market ETF by 0.3% in the 4th quarter. Waterfront Wealth Inc. now owns 114,048 shares of the company’s stock worth $5,452,000 after acquiring an additional 343 shares during the last quarter. Finally, Stewardship Advisors LLC raised its holdings in Dimensional US Core Equity Market ETF by 1.9% in the 1st quarter. Stewardship Advisors LLC now owns 18,974 shares of the company’s stock worth $856,000 after acquiring an additional 349 shares during the last quarter.

Dimensional US Core Equity Market ETF Trading Up 0.6%

DFAU stock opened at $53.53 on Friday. The stock’s 50 day simple moving average is $51.67 and its 200 day simple moving average is $49.27. Dimensional US Core Equity Market ETF has a 12-month low of $43.46 and a 12-month high of $53.76. The stock has a market capitalization of $12.85 billion, a PE ratio of 23.25 and a beta of 1.00.

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.