SpringVest Wealth Management LLC Cuts Holdings in Dimensional US Core Equity Market ETF $DFAU

SpringVest Wealth Management LLC trimmed its position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 23.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,751 shares of the company’s stock after selling 22,051 shares during the period. Dimensional US Core Equity Market ETF makes up approximately 2.5% of SpringVest Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. SpringVest Wealth Management LLC’s holdings in Dimensional US Core Equity Market ETF were worth $3,082,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Financial Counselors Inc. lifted its holdings in shares of Dimensional US Core Equity Market ETF by 7.2% in the first quarter. Financial Counselors Inc. now owns 8,471 shares of the company’s stock valued at $326,000 after purchasing an additional 569 shares in the last quarter. Abacus Planning Group Inc. bought a new stake in shares of Dimensional US Core Equity Market ETF in the second quarter valued at about $114,778,000. Keystone Financial Group Inc. lifted its holdings in shares of Dimensional US Core Equity Market ETF by 7.2% in the first quarter. Keystone Financial Group Inc. now owns 639,454 shares of the company’s stock valued at $24,497,000 after purchasing an additional 42,872 shares in the last quarter. AlphaCore Capital LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the first quarter valued at about $353,000. Finally, Park Avenue Securities LLC increased its position in shares of Dimensional US Core Equity Market ETF by 3.7% in the second quarter. Park Avenue Securities LLC now owns 160,114 shares of the company’s stock valued at $6,782,000 after acquiring an additional 5,718 shares during the last quarter.

Dimensional US Core Equity Market ETF Stock Performance

NYSEARCA:DFAU opened at $46.20 on Thursday. The stock’s 50-day simple moving average is $44.71 and its 200 day simple moving average is $41.63. The company has a market cap of $9.56 billion, a P/E ratio of 23.25 and a beta of 0.98. Dimensional US Core Equity Market ETF has a 52-week low of $33.06 and a 52-week high of $46.24.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.