Silver Lake Advisory LLC Invests $10.68 Million in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Silver Lake Advisory LLC acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 412,622 shares of the company’s stock, valued at approximately $10,675,000. Dimensional Emerging Core Equity Market ETF accounts for approximately 1.5% of Silver Lake Advisory LLC’s investment portfolio, making the stock its 10th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DFAE. Innealta Capital LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the second quarter valued at about $29,000. Able Wealth Management LLC purchased a new stake in Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at approximately $54,000. Cullen Frost Bankers Inc. acquired a new stake in Dimensional Emerging Core Equity Market ETF in the second quarter valued at approximately $64,000. Denver PWM LLC purchased a new position in Dimensional Emerging Core Equity Market ETF in the second quarter worth $82,000. Finally, North Star Investment Management Corp. acquired a new position in shares of Dimensional Emerging Core Equity Market ETF during the first quarter worth $87,000.

Dimensional Emerging Core Equity Market ETF Price Performance

Dimensional Emerging Core Equity Market ETF stock opened at $27.73 on Friday. The business has a fifty day moving average price of $25.95 and a 200-day moving average price of $25.61. Dimensional Emerging Core Equity Market ETF has a 1-year low of $21.54 and a 1-year high of $27.90. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85.

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.