Founders Financial Securities LLC Boosts Stake in Dimensional Emerging Core Equity Market ETF $DFAE

Founders Financial Securities LLC raised its holdings in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 78.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,346,667 shares of the company’s stock after acquiring an additional 592,243 shares during the quarter. Dimensional Emerging Core Equity Market ETF comprises approximately 2.6% of Founders Financial Securities LLC’s portfolio, making the stock its 3rd biggest holding. Founders Financial Securities LLC owned approximately 0.58% of Dimensional Emerging Core Equity Market ETF worth $43,861,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DFAE. Fifth Third Bancorp purchased a new position in shares of Dimensional Emerging Core Equity Market ETF during the 3rd quarter valued at $27,000. IMG Wealth Management Inc. purchased a new stake in Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at about $28,000. Wealth Watch Advisors INC purchased a new stake in Dimensional Emerging Core Equity Market ETF during the third quarter valued at about $42,000. Assetmark Inc. boosted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 40.5% during the fourth quarter. Assetmark Inc. now owns 1,422 shares of the company’s stock worth $46,000 after purchasing an additional 410 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 3,289.8% during the third quarter. Jones Financial Companies Lllp now owns 2,000 shares of the company’s stock worth $62,000 after purchasing an additional 1,941 shares during the period.

Dimensional Emerging Core Equity Market ETF Price Performance

DFAE stock opened at $40.49 on Friday. Dimensional Emerging Core Equity Market ETF has a 1 year low of $27.10 and a 1 year high of $40.76. The company has a market cap of $9.61 billion, a P/E ratio of 14.98 and a beta of 0.70. The firm has a 50-day moving average of $37.08 and a 200 day moving average of $35.04.

About Dimensional Emerging Core Equity Market ETF

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.