Parkshore Wealth Management Inc. Raises Holdings in Dimensional U.S. Core Equity 2 ETF $DFAC

by · The Cerbat Gem

Parkshore Wealth Management Inc. grew its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFACFree Report) by 6.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,953,753 shares of the company’s stock after purchasing an additional 121,554 shares during the quarter. Dimensional U.S. Core Equity 2 ETF makes up 29.0% of Parkshore Wealth Management Inc.’s investment portfolio, making the stock its biggest position. Parkshore Wealth Management Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $77,349,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in DFAC. Franklin Resources Inc. bought a new position in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth about $124,000. Qube Research & Technologies Ltd grew its stake in Dimensional U.S. Core Equity 2 ETF by 20,631.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 101,792 shares of the company’s stock worth $3,648,000 after acquiring an additional 101,301 shares in the last quarter. Sei Investments Co. bought a new position in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth about $4,708,000. Ieq Capital LLC grew its stake in Dimensional U.S. Core Equity 2 ETF by 160.8% in the 2nd quarter. Ieq Capital LLC now owns 114,905 shares of the company’s stock worth $4,118,000 after acquiring an additional 70,849 shares in the last quarter. Finally, Quantinno Capital Management LP grew its stake in Dimensional U.S. Core Equity 2 ETF by 20.5% in the 2nd quarter. Quantinno Capital Management LP now owns 133,236 shares of the company’s stock worth $4,775,000 after acquiring an additional 22,682 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.6%

Shares of DFAC stock opened at $43.59 on Friday. The firm has a market cap of $45.71 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. The company’s 50 day moving average is $41.05 and its 200 day moving average is $40.38. Dimensional U.S. Core Equity 2 ETF has a 52-week low of $33.43 and a 52-week high of $43.74.

Dimensional U.S. Core Equity 2 ETF Profile

(Free Report)

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.

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