Bay Harbor Wealth Management LLC Boosts Stake in Dimensional US Core Equity Market ETF $DFAU

Bay Harbor Wealth Management LLC increased its stake in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 5.4% in the third quarter, Holdings Channel reports. The firm owned 659,467 shares of the company’s stock after buying an additional 33,856 shares during the quarter. Dimensional US Core Equity Market ETF accounts for approximately 8.2% of Bay Harbor Wealth Management LLC’s holdings, making the stock its biggest holding. Bay Harbor Wealth Management LLC’s holdings in Dimensional US Core Equity Market ETF were worth $30,177,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DFAU. Sequoia Financial Advisors LLC boosted its holdings in Dimensional US Core Equity Market ETF by 18.4% during the second quarter. Sequoia Financial Advisors LLC now owns 6,662,285 shares of the company’s stock worth $282,214,000 after buying an additional 1,034,590 shares during the last quarter. RVW Wealth LLC raised its position in shares of Dimensional US Core Equity Market ETF by 56.1% in the 2nd quarter. RVW Wealth LLC now owns 4,331,669 shares of the company’s stock valued at $183,489,000 after acquiring an additional 1,557,053 shares during the period. Allworth Financial LP boosted its stake in Dimensional US Core Equity Market ETF by 18.9% during the 2nd quarter. Allworth Financial LP now owns 3,813,798 shares of the company’s stock worth $161,552,000 after acquiring an additional 606,268 shares during the last quarter. Abacus Planning Group Inc. acquired a new position in Dimensional US Core Equity Market ETF during the second quarter valued at approximately $114,778,000. Finally, AE Wealth Management LLC grew its holdings in Dimensional US Core Equity Market ETF by 13.7% during the second quarter. AE Wealth Management LLC now owns 2,511,824 shares of the company’s stock valued at $106,401,000 after purchasing an additional 303,484 shares during the period.

Dimensional US Core Equity Market ETF Stock Performance

DFAU opened at $46.41 on Friday. The firm’s fifty day moving average is $46.27 and its two-hundred day moving average is $44.51. The firm has a market cap of $9.94 billion, a PE ratio of 23.25 and a beta of 1.00. Dimensional US Core Equity Market ETF has a twelve month low of $33.06 and a twelve month high of $47.44.

Dimensional US Core Equity Market ETF Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.