Confluence Wealth Services Inc. Grows Stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Confluence Wealth Services Inc. raised its position in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 30.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 352,523 shares of the company’s stock after purchasing an additional 82,623 shares during the period. Dimensional Emerging Core Equity Market ETF accounts for approximately 0.6% of Confluence Wealth Services Inc.’s portfolio, making the stock its 24th largest holding. Confluence Wealth Services Inc. owned 0.23% of Dimensional Emerging Core Equity Market ETF worth $9,070,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Asset Dedication LLC lifted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 1,207.7% in the third quarter. Asset Dedication LLC now owns 2,707 shares of the company’s stock worth $74,000 after buying an additional 2,500 shares in the last quarter. Washington Trust Advisors Inc. boosted its stake in Dimensional Emerging Core Equity Market ETF by 31.1% during the third quarter. Washington Trust Advisors Inc. now owns 4,080 shares of the company’s stock valued at $112,000 after buying an additional 968 shares during the period. US Bancorp DE grew its position in Dimensional Emerging Core Equity Market ETF by 56.9% during the third quarter. US Bancorp DE now owns 5,847 shares of the company’s stock worth $160,000 after buying an additional 2,120 shares in the last quarter. HM Payson & Co. purchased a new position in Dimensional Emerging Core Equity Market ETF during the third quarter worth about $171,000. Finally, Kraft Asset Management LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF in the 3rd quarter valued at about $221,000.

Dimensional Emerging Core Equity Market ETF Trading Up 1.6 %

Shares of NYSEARCA DFAE opened at $25.87 on Wednesday. The business has a 50-day moving average of $25.68 and a 200-day moving average of $26.10. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85. Dimensional Emerging Core Equity Market ETF has a 12 month low of $23.22 and a 12 month high of $28.19.

Dimensional Emerging Core Equity Market ETF Company 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.