Dimensional Emerging Core Equity Market ETF $DFAE Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC trimmed its holdings in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 9.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 261,055 shares of the company’s stock after selling 28,312 shares during the quarter. Diversify Wealth Management LLC’s holdings in Dimensional Emerging Core Equity Market ETF were worth $8,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in DFAE. Financial Gravity Companies Inc. bought a new position in shares of Dimensional Emerging Core Equity Market ETF in the second quarter worth $25,000. Fifth Third Bancorp acquired a new stake in Dimensional Emerging Core Equity Market ETF in the third quarter worth about $27,000. Assetmark Inc. grew its position in Dimensional Emerging Core Equity Market ETF by 151.2% in the 2nd quarter. Assetmark Inc. now owns 962 shares of the company’s stock valued at $28,000 after buying an additional 579 shares in the last quarter. Banco de Sabadell S.A acquired a new position in Dimensional Emerging Core Equity Market ETF during the 2nd quarter valued at about $31,000. Finally, Glassman Wealth Services raised its position in shares of Dimensional Emerging Core Equity Market ETF by 26.1% during the 2nd quarter. Glassman Wealth Services now owns 1,690 shares of the company’s stock worth $49,000 after buying an additional 350 shares in the last quarter.

Dimensional Emerging Core Equity Market ETF Trading Down 0.9%

Shares of NYSEARCA:DFAE opened at $37.22 on Friday. The company has a 50 day moving average of $34.72 and a 200-day moving average of $32.66. The firm has a market cap of $8.65 billion, a P/E ratio of 14.98 and a beta of 0.62. Dimensional Emerging Core Equity Market ETF has a twelve month low of $22.68 and a twelve month high of $37.63.

Dimensional Emerging Core Equity Market ETF 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.