Beacon Pointe Advisors LLC Decreases Stock Holdings in Dimensional U.S. Core Equity 2 ETF $DFAC

Beacon Pointe Advisors LLC lowered its stake in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 12.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,099,492 shares of the company’s stock after selling 151,401 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $39,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 108.9% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 8,809,842 shares of the company’s stock valued at $315,745,000 after buying an additional 4,593,492 shares in the last quarter. HFM Investment Advisors LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth approximately $89,633,000. Envestnet Asset Management Inc. raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock worth $1,965,075,000 after acquiring an additional 2,622,796 shares in the last quarter. Porter White Investment Advisors Inc. purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the first quarter valued at approximately $83,747,000. Finally, Focus Partners Wealth boosted its stake in Dimensional U.S. Core Equity 2 ETF by 6.5% in the first quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock valued at $1,330,043,000 after acquiring an additional 2,458,453 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Down 0.4%

NYSEARCA DFAC opened at $39.32 on Tuesday. The firm’s fifty day simple moving average is $38.67 and its two-hundred day simple moving average is $37.16. The firm has a market capitalization of $39.39 billion, a P/E ratio of 20.75 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $28.39 and a 12-month high of $39.53.

Dimensional U.S. Core Equity 2 ETF Profile

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.