marrick wealth LLC Invests $31.28 Million in Dimensional U.S. Core Equity 2 ETF $DFAC

marrick wealth LLC acquired a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the fourth quarter, Holdings Channel reports. The firm acquired 790,116 shares of the company’s stock, valued at approximately $31,281,000. Dimensional U.S. Core Equity 2 ETF makes up approximately 25.6% of marrick wealth LLC’s holdings, making the stock its biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of DFAC. Greenspring Advisors LLC raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 74.3% in the 4th quarter. Greenspring Advisors LLC now owns 13,253,011 shares of the company’s stock worth $524,687,000 after buying an additional 5,647,549 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 42.8% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock worth $631,030,000 after purchasing an additional 4,775,954 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 8.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock worth $2,361,716,000 after purchasing an additional 4,669,622 shares during the period. Financial Plan Inc. acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $132,114,000. Finally, Symmetry Partners LLC raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 62.6% during the fourth quarter. Symmetry Partners LLC now owns 6,500,481 shares of the company’s stock worth $257,354,000 after purchasing an additional 2,501,860 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.7%

Shares of Dimensional U.S. Core Equity 2 ETF stock opened at $44.01 on Friday. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $34.46 and a 12-month high of $44.57. The firm has a market capitalization of $46.15 billion, a PE ratio of 20.75 and a beta of 0.98. The stock’s fifty day moving average is $42.54 and its 200-day moving average is $40.94.

About Dimensional U.S. Core Equity 2 ETF

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.