Envestnet Asset Management Inc. Raises Position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)

Envestnet Asset Management Inc. increased its stake in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 6.4% during the second quarter, Holdings Channel reports. The institutional investor owned 449,783 shares of the company’s stock after acquiring an additional 27,215 shares during the period. Envestnet Asset Management Inc.’s holdings in Dimensional US Core Equity Market ETF were worth $16,862,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Salem Investment Counselors Inc. raised its position in shares of Dimensional US Core Equity Market ETF by 74.9% in the first quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $28,000 after buying an additional 329 shares during the last quarter. Montag A & Associates Inc. purchased a new stake in Dimensional US Core Equity Market ETF during the first quarter worth approximately $37,000. Kings Path Partners LLC purchased a new stake in Dimensional US Core Equity Market ETF during the second quarter worth approximately $92,000. Soundmark Wealth Management LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the first quarter valued at $204,000. Finally, Montis Financial LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the second quarter valued at $204,000.

Dimensional US Core Equity Market ETF Trading Up 0.2 %

Shares of DFAU stock opened at $39.34 on Tuesday. The company has a market capitalization of $5.96 billion, a PE ratio of 22.05 and a beta of 1.02. The firm has a fifty day simple moving average of $38.07 and a 200-day simple moving average of $37.05. Dimensional US Core Equity Market ETF has a twelve month low of $28.50 and a twelve month high of $39.51.

Dimensional US Core Equity Market ETF 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.