Raymond James Financial Inc. Acquires New Stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Raymond James Financial Inc. purchased a new stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) during the 4th quarter, Holdings Channel reports. The firm purchased 840,586 shares of the company’s stock, valued at approximately $21,326,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Passive Capital Management LLC. increased its stake in Dimensional Emerging Core Equity Market ETF by 6.6% in the 3rd quarter. Passive Capital Management LLC. now owns 8,821 shares of the company’s stock valued at $242,000 after buying an additional 547 shares during the last quarter. Beta Wealth Group Inc. increased its stake in Dimensional Emerging Core Equity Market ETF by 1.1% in the 4th quarter. Beta Wealth Group Inc. now owns 64,963 shares of the company’s stock valued at $1,648,000 after buying an additional 729 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its stake in Dimensional Emerging Core Equity Market ETF by 0.6% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 118,024 shares of the company’s stock valued at $3,235,000 after buying an additional 753 shares during the last quarter. USAdvisors Wealth Management LLC increased its stake in Dimensional Emerging Core Equity Market ETF by 4.2% in the 4th quarter. USAdvisors Wealth Management LLC now owns 20,110 shares of the company’s stock valued at $510,000 after buying an additional 809 shares during the last quarter. Finally, Exeter Financial LLC increased its stake in Dimensional Emerging Core Equity Market ETF by 4.2% in the 4th quarter. Exeter Financial LLC now owns 20,283 shares of the company’s stock valued at $515,000 after buying an additional 814 shares during the last quarter.

Dimensional Emerging Core Equity Market ETF Trading Up 1.8 %

Shares of DFAE stock opened at $26.47 on Monday. Dimensional Emerging Core Equity Market ETF has a 1 year low of $23.71 and a 1 year high of $28.20. The firm’s fifty day moving average price is $25.85 and its two-hundred day moving average price is $26.18. The firm has a market capitalization of $5.27 billion, a P/E ratio of 13.69 and a beta of 0.64.

Dimensional Emerging Core Equity Market ETF Profile

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.