Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) is FMB Wealth Management’s 5th Largest Position

FMB Wealth Management increased its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) by 19.3% in the first quarter, Holdings Channel reports. The firm owned 371,926 shares of the company’s stock after buying an additional 60,059 shares during the period. Dimensional World ex U.S. Core Equity 2 ETF comprises 5.4% of FMB Wealth Management’s investment portfolio, making the stock its 5th largest holding. FMB Wealth Management’s holdings in Dimensional World ex U.S. Core Equity 2 ETF were worth $9,744,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Tumwater Wealth Management LLC purchased a new stake in Dimensional World ex U.S. Core Equity 2 ETF during the fourth quarter worth about $53,428,000. RFG Advisory LLC lifted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 50.1% during the first quarter. RFG Advisory LLC now owns 5,744,314 shares of the company’s stock worth $150,501,000 after purchasing an additional 1,916,305 shares during the period. Royal Bank of Canada boosted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 156.4% in the fourth quarter. Royal Bank of Canada now owns 2,906,218 shares of the company’s stock valued at $72,249,000 after acquiring an additional 1,772,933 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Dimensional World ex U.S. Core Equity 2 ETF in the 4th quarter valued at approximately $37,179,000. Finally, Master S Wealth Management Inc. purchased a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF in the fourth quarter valued at approximately $31,370,000.

Dimensional World ex U.S. Core Equity 2 ETF Stock Up 0.2%

Shares of DFAX opened at $29.20 on Thursday. Dimensional World ex U.S. Core Equity 2 ETF has a 52-week low of $23.16 and a 52-week high of $29.29. The company has a market capitalization of $8.54 billion, a PE ratio of 13.58 and a beta of 0.76. The company has a 50-day simple moving average of $27.15 and a 200-day simple moving average of $26.25.

Dimensional World ex U.S. Core Equity 2 ETF Company Profile

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.