Allworth Financial LP Trims Holdings in Dimensional U.S. Core Equity 2 ETF $DFAC

by · The Markets Daily

Allworth Financial LP reduced its holdings in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFACFree Report) by 16.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 6,464,130 shares of the company’s stock after selling 1,245,114 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for approximately 1.2% of Allworth Financial LP’s investment portfolio, making the stock its 14th biggest holding. Allworth Financial LP’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $286,749,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Greenspring Advisors LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 74.3% in the fourth quarter. Greenspring Advisors LLC now owns 13,253,011 shares of the company’s stock valued at $524,687,000 after buying an additional 5,647,549 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 42.8% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock worth $631,030,000 after buying an additional 4,775,954 shares during the period. Evanson Financial LLC purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the second quarter worth about $176,483,000. Burton Enright Welch purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth about $145,627,000. Finally, Mercer Global Advisors Inc. ADV increased its position in Dimensional U.S. Core Equity 2 ETF by 5.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock valued at $2,547,944,000 after acquiring an additional 3,126,277 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Down 0.7%

DFAC stock traded down $0.34 during trading on Tuesday, hitting $45.38. The company had a trading volume of 2,101,089 shares, compared to its average volume of 2,525,162. The firm has a 50-day moving average price of $45.03 and a 200-day moving average price of $42.94. The firm has a market cap of $48.83 billion, a PE ratio of 20.75 and a beta of 0.98. Dimensional U.S. Core Equity 2 ETF has a 1-year low of $36.67 and a 1-year high of $46.35.

About Dimensional U.S. Core Equity 2 ETF

(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.

Further Reading

Want to see what other hedge funds are holding DFAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFACFree Report).