CPA Asset Management LLC Boosts Holdings in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

CPA Asset Management LLC lifted its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 16.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,180 shares of the company’s stock after acquiring an additional 2,413 shares during the period. CPA Asset Management LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $502,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of DFAC. Moneta Group Investment Advisors LLC grew its position in Dimensional U.S. Core Equity 2 ETF by 108,449.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 146,718,163 shares of the company’s stock worth $3,562,317,000 after purchasing an additional 146,583,001 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 10.7% in the third quarter. Envestnet Asset Management Inc. now owns 46,146,403 shares of the company’s stock valued at $1,209,036,000 after acquiring an additional 4,455,197 shares in the last quarter. Forum Financial Management LP boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 0.6% in the third quarter. Forum Financial Management LP now owns 39,374,171 shares of the company’s stock valued at $1,031,603,000 after acquiring an additional 225,134 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 34,511,795 shares of the company’s stock valued at $904,209,000 after acquiring an additional 5,808,548 shares in the last quarter. Finally, Plancorp LLC boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 0.5% in the first quarter. Plancorp LLC now owns 11,526,904 shares of the company’s stock valued at $317,912,000 after acquiring an additional 62,679 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

DFAC stock traded up $0.07 during trading on Thursday, reaching $31.94. 676,395 shares of the company were exchanged, compared to its average volume of 1,623,961. The company has a market cap of $24.71 billion, a P/E ratio of 14.57 and a beta of 0.96. Dimensional U.S. Core Equity 2 ETF has a 52-week low of $24.75 and a 52-week high of $32.00. The stock’s 50 day moving average price is $30.45 and its 200 day moving average price is $28.39.

About Dimensional U.S. Core Equity 2 ETF

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.