Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Shares Sold by Summit Wealth Group LLC

Summit Wealth Group LLC reduced its stake in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 58.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 535,078 shares of the company’s stock after selling 745,047 shares during the quarter. Dimensional U.S. Core Equity 2 ETF accounts for approximately 5.3% of Summit Wealth Group LLC’s holdings, making the stock its 3rd biggest position. Summit Wealth Group LLC owned 0.06% of Dimensional U.S. Core Equity 2 ETF worth $18,348,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth approximately $379,000. US Bancorp DE increased its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 145.9% during the 1st quarter. US Bancorp DE now owns 30,335 shares of the company’s stock worth $969,000 after acquiring an additional 17,998 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 0.8% during the first quarter. Vanguard Group Inc. now owns 104,496 shares of the company’s stock worth $3,339,000 after acquiring an additional 779 shares during the period. Bessemer Group Inc. increased its position in Dimensional U.S. Core Equity 2 ETF by 54.4% during the first quarter. Bessemer Group Inc. now owns 14,502 shares of the company’s stock worth $463,000 after acquiring an additional 5,110 shares during the period. Finally, InterOcean Capital Group LLC lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 9.2% during the 1st quarter. InterOcean Capital Group LLC now owns 29,645 shares of the company’s stock valued at $947,000 after acquiring an additional 2,506 shares during the period.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of NYSEARCA:DFAC opened at $35.30 on Tuesday. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $27.20 and a 1 year high of $36.19. The stock has a market capitalization of $30.60 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00. The company’s 50 day simple moving average is $34.47 and its 200 day simple moving average is $33.15.

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.