Riverchase Wealth Management LLC Invests $25.66 Million in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Riverchase Wealth Management LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 741,806 shares of the company’s stock, valued at approximately $25,659,000. Dimensional U.S. Core Equity 2 ETF makes up 19.2% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its largest position. Riverchase Wealth Management LLC owned about 0.09% of Dimensional U.S. Core Equity 2 ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DFAC. Essential Planning LLC. raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 6,720.0% during the 4th quarter. Essential Planning LLC. now owns 3,940,670 shares of the company’s stock worth $138,755,000 after buying an additional 3,882,889 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth about $122,209,000. United Wealth Management LLC purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $108,673,000. Warburton Capital Management LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at approximately $78,267,000. Finally, Apella Capital LLC increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 20.3% during the 4th quarter. Apella Capital LLC now owns 10,595,895 shares of the company’s stock worth $366,512,000 after purchasing an additional 1,789,147 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

DFAC stock opened at $33.45 on Friday. The stock’s 50 day moving average price is $34.81 and its 200 day moving average price is $34.87. The firm has a market cap of $31.71 billion, a P/E ratio of 20.92 and a beta of 1.01. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $29.99 and a 1 year high of $36.66.

Dimensional U.S. Core Equity 2 ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.083 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Dimensional U.S. Core Equity 2 ETF 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.