Drive Wealth Management LLC Reduces Stake in Dimensional U.S. Equity ETF $DFUS

Drive Wealth Management LLC decreased its position in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 27.7% during the second quarter, Holdings Channel reports. The fund owned 14,081 shares of the company’s stock after selling 5,405 shares during the period. Drive Wealth Management LLC’s holdings in Dimensional U.S. Equity ETF were worth $944,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Canvas Wealth Advisors LLC grew its position in Dimensional U.S. Equity ETF by 47.2% during the second quarter. Canvas Wealth Advisors LLC now owns 26,344 shares of the company’s stock valued at $1,821,000 after buying an additional 8,450 shares during the period. Grunden Financial Advisory Inc. raised its position in Dimensional U.S. Equity ETF by 3.2% in the second quarter. Grunden Financial Advisory Inc. now owns 80,861 shares of the company’s stock worth $5,419,000 after acquiring an additional 2,533 shares during the period. Chicago Partners Investment Group LLC boosted its stake in shares of Dimensional U.S. Equity ETF by 2.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 1,081,221 shares of the company’s stock worth $74,420,000 after acquiring an additional 27,741 shares during the last quarter. First Bancorp Inc ME purchased a new position in shares of Dimensional U.S. Equity ETF during the 2nd quarter worth $576,000. Finally, Kondo Wealth Advisors Inc. grew its position in shares of Dimensional U.S. Equity ETF by 0.3% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 112,945 shares of the company’s stock valued at $7,569,000 after acquiring an additional 301 shares during the period.

Dimensional U.S. Equity ETF Price Performance

NYSEARCA:DFUS opened at $72.20 on Monday. Dimensional U.S. Equity ETF has a one year low of $52.10 and a one year high of $73.30. The business has a fifty day moving average price of $71.25 and a 200-day moving average price of $66.40. The firm has a market capitalization of $17.50 billion, a price-to-earnings ratio of 24.45 and a beta of 0.99.

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.