Arax Advisory Partners Makes New $13.10 Million Investment in Dimensional U.S. Core Equity 2 ETF $DFAC

Arax Advisory Partners purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 330,859 shares of the company’s stock, valued at approximately $13,099,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new stake in Dimensional U.S. Core Equity 2 ETF during the third quarter worth $31,000. Measured Wealth Private Client Group LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $32,000. Quattro Advisors LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $34,000. 1620 Investment Advisors Inc. bought a new stake in Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $41,000. Finally, Ancora Advisors LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 30.7% during the third quarter. Ancora Advisors LLC now owns 1,401 shares of the company’s stock worth $54,000 after acquiring an additional 329 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.7%

NYSEARCA DFAC opened at $44.01 on Friday. The firm’s fifty day moving average price is $42.54 and its two-hundred day moving average price is $40.94. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $34.46 and a 1 year high of $44.57. The firm has a market capitalization of $46.15 billion, a P/E ratio of 20.75 and a beta of 0.98.

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.