SOL Capital Management CO Cuts Stock Holdings in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

SOL Capital Management CO reduced its stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 5.0% during the first quarter, according to its most recent filing with the SEC. The fund owned 238,178 shares of the company’s stock after selling 12,665 shares during the quarter. SOL Capital Management CO’s holdings in Dimensional Emerging Core Equity Market ETF were worth $6,166,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Essential Planning LLC. raised its position in Dimensional Emerging Core Equity Market ETF by 6,263.9% in the fourth quarter. Essential Planning LLC. now owns 15,544,324 shares of the company’s stock worth $411,483,000 after acquiring an additional 15,300,066 shares during the period. FMR LLC boosted its stake in Dimensional Emerging Core Equity Market ETF by 31.0% in the fourth quarter. FMR LLC now owns 12,788,483 shares of the company’s stock valued at $324,444,000 after acquiring an additional 3,029,009 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Dimensional Emerging Core Equity Market ETF by 3,933.0% in the fourth quarter. Wealthfront Advisers LLC now owns 1,238,065 shares of the company’s stock valued at $31,410,000 after acquiring an additional 1,207,367 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Dimensional Emerging Core Equity Market ETF in the fourth quarter valued at about $21,326,000. Finally, Pioneer Wealth Management Group purchased a new position in Dimensional Emerging Core Equity Market ETF in the first quarter valued at about $14,291,000.

Dimensional Emerging Core Equity Market ETF Stock Up 0.3%

DFAE opened at $28.74 on Thursday. The stock has a market cap of $5.98 billion, a price-to-earnings ratio of 13.24 and a beta of 0.62. Dimensional Emerging Core Equity Market ETF has a twelve month low of $22.68 and a twelve month high of $28.75. The company’s 50-day moving average price is $27.24 and its two-hundred day moving average price is $26.24.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.