Fifth Third Bancorp Makes New Investment in Dimensional Emerging Core Equity Market ETF $DFAE

Fifth Third Bancorp purchased a new stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 28,711 shares of the company’s stock, valued at approximately $972,000.

A number of other institutional investors have also recently modified their holdings of DFAE. UBS Group AG grew its holdings in Dimensional Emerging Core Equity Market ETF by 5.3% during the third quarter. UBS Group AG now owns 6,449,669 shares of the company’s stock worth $203,358,000 after acquiring an additional 322,958 shares during the period. Bank of America Corp DE lifted its holdings in Dimensional Emerging Core Equity Market ETF by 13.6% in the third quarter. Bank of America Corp DE now owns 5,763,021 shares of the company’s stock valued at $181,708,000 after acquiring an additional 688,036 shares during the period. Mariner LLC lifted its holdings in Dimensional Emerging Core Equity Market ETF by 4.5% in the fourth quarter. Mariner LLC now owns 4,142,087 shares of the company’s stock valued at $134,926,000 after acquiring an additional 180,130 shares during the period. Root Financial Partners LLC boosted its position in shares of Dimensional Emerging Core Equity Market ETF by 6.4% during the 1st quarter. Root Financial Partners LLC now owns 3,229,392 shares of the company’s stock worth $109,347,000 after purchasing an additional 194,902 shares in the last quarter. Finally, Vise Technologies Inc. boosted its position in shares of Dimensional Emerging Core Equity Market ETF by 293.1% during the 4th quarter. Vise Technologies Inc. now owns 2,670,478 shares of the company’s stock worth $86,977,000 after purchasing an additional 1,991,134 shares in the last quarter.

Dimensional Emerging Core Equity Market ETF Price Performance

NYSEARCA:DFAE opened at $37.36 on Monday. The firm’s fifty day simple moving average is $39.45 and its 200-day simple moving average is $37.08. The stock has a market cap of $9.23 billion, a PE ratio of 14.98 and a beta of 0.71. Dimensional Emerging Core Equity Market ETF has a fifty-two week low of $28.90 and a fifty-two week high of $42.16.

Dimensional Emerging Core Equity Market ETF Company 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.