Diversify Wealth Management LLC Buys Shares of 330,008 Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Diversify Wealth Management LLC purchased a new position in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 330,008 shares of the company’s stock, valued at approximately $8,072,000. Dimensional Emerging Core Equity Market ETF comprises approximately 0.9% of Diversify Wealth Management LLC’s portfolio, making the stock its 19th largest position.

Other hedge funds have also made changes to their positions in the company. Seven Mile Advisory lifted its holdings in Dimensional Emerging Core Equity Market ETF by 2.0% in the 2nd quarter. Seven Mile Advisory now owns 147,276 shares of the company’s stock worth $3,810,000 after purchasing an additional 2,867 shares during the last quarter. WPWealth LLP boosted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 6.2% during the 2nd quarter. WPWealth LLP now owns 759,681 shares of the company’s stock worth $19,653,000 after buying an additional 44,642 shares during the period. Main Street Financial Solutions LLC bought a new stake in shares of Dimensional Emerging Core Equity Market ETF during the 2nd quarter worth $208,000. Financial Alternatives Inc grew its stake in Dimensional Emerging Core Equity Market ETF by 2.4% in the 2nd quarter. Financial Alternatives Inc now owns 236,949 shares of the company’s stock valued at $6,130,000 after buying an additional 5,453 shares during the last quarter. Finally, PFG Advisors raised its holdings in Dimensional Emerging Core Equity Market ETF by 5.0% in the 2nd quarter. PFG Advisors now owns 115,851 shares of the company’s stock worth $2,997,000 after acquiring an additional 5,549 shares during the period.

Dimensional Emerging Core Equity Market ETF Price Performance

DFAE stock opened at $25.99 on Friday. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85. The company has a 50-day moving average of $25.94 and a two-hundred day moving average of $25.46. Dimensional Emerging Core Equity Market ETF has a 52-week low of $21.54 and a 52-week high of $26.99.

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.