Independent Wealth Network Inc. Raises Holdings in Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

Independent Wealth Network Inc. raised its position in shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 6.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,309 shares of the company’s stock after buying an additional 3,863 shares during the period. Dimensional U.S. Equity ETF comprises about 1.6% of Independent Wealth Network Inc.’s holdings, making the stock its 12th largest holding. Independent Wealth Network Inc.’s holdings in Dimensional U.S. Equity ETF were worth $3,950,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of DFUS. Prudential Financial Inc. increased its position in shares of Dimensional U.S. Equity ETF by 201.4% during the fourth quarter. Prudential Financial Inc. now owns 26,381,889 shares of the company’s stock worth $1,684,747,000 after purchasing an additional 17,627,659 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Dimensional U.S. Equity ETF by 1.9% during the 4th quarter. Focus Partners Wealth now owns 8,423,973 shares of the company’s stock worth $537,028,000 after acquiring an additional 154,726 shares in the last quarter. Root Financial Partners LLC raised its position in shares of Dimensional U.S. Equity ETF by 24.9% during the 1st quarter. Root Financial Partners LLC now owns 2,893,839 shares of the company’s stock worth $175,121,000 after purchasing an additional 577,114 shares during the last quarter. Zhang Financial LLC raised its holdings in Dimensional U.S. Equity ETF by 5.8% in the 1st quarter. Zhang Financial LLC now owns 2,506,843 shares of the company’s stock valued at $151,614,000 after acquiring an additional 137,438 shares during the last quarter. Finally, TCI Wealth Advisors Inc. raised its holdings in Dimensional U.S. Equity ETF by 6.0% in the 1st quarter. TCI Wealth Advisors Inc. now owns 2,482,654 shares of the company’s stock valued at $150,151,000 after acquiring an additional 139,609 shares during the last quarter.

Dimensional U.S. Equity ETF Price Performance

Shares of Dimensional U.S. Equity ETF stock opened at $68.16 on Friday. The company has a market capitalization of $15.80 billion, a PE ratio of 24.45 and a beta of 0.99. Dimensional U.S. Equity ETF has a 1-year low of $52.10 and a 1-year high of $68.23. The business has a 50-day moving average of $65.33 and a 200-day moving average of $63.26.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.