Ridgeline Wealth LLC Invests $250,000 in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Ridgeline Wealth LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the fourth quarter, Holdings Channel reports. The fund purchased 7,237 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triune Financial Partners LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF in the third quarter worth $126,997,000. Wealthstream Advisors Inc. boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 326.4% during the 3rd quarter. Wealthstream Advisors Inc. now owns 4,517,361 shares of the company’s stock valued at $154,900,000 after acquiring an additional 3,458,045 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in Dimensional U.S. Core Equity 2 ETF by 5.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 47,667,442 shares of the company’s stock worth $1,476,782,000 after purchasing an additional 2,612,418 shares during the period. Envestnet Asset Management Inc. increased its position in Dimensional U.S. Core Equity 2 ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 53,433,075 shares of the company’s stock valued at $1,722,682,000 after acquiring an additional 1,598,446 shares during the last quarter. Finally, von Borstel & Associates Inc. bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 3rd quarter worth approximately $54,416,000.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.5 %

NYSEARCA DFAC traded up $0.16 on Monday, hitting $35.10. 1,782,394 shares of the company traded hands, compared to its average volume of 1,961,665. The business’s 50 day moving average price is $35.48 and its 200-day moving average price is $34.05. The company has a market capitalization of $30.42 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 52-week low of $28.47 and a 52-week high of $36.66.

Dimensional U.S. Core Equity 2 ETF Company Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.