Modera Wealth Management LLC Trims Position in Dimensional US Core Equity Market ETF $DFAU

Modera Wealth Management LLC decreased its holdings in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 2.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,221,110 shares of the company’s stock after selling 81,290 shares during the period. Dimensional US Core Equity Market ETF accounts for about 1.7% of Modera Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Modera Wealth Management LLC’s holdings in Dimensional US Core Equity Market ETF were worth $145,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DFAU. Sageworth Trust Co lifted its position in Dimensional US Core Equity Market ETF by 4,798.5% during the fourth quarter. Sageworth Trust Co now owns 4,504,629 shares of the company’s stock worth $210,817,000 after buying an additional 4,412,669 shares during the period. Mars Jewett Financial Group Inc. acquired a new stake in Dimensional US Core Equity Market ETF in the 4th quarter worth about $148,702,000. Annex Advisory Services LLC purchased a new stake in Dimensional US Core Equity Market ETF in the 4th quarter valued at about $134,254,000. Beacon Pointe Advisors LLC grew its holdings in Dimensional US Core Equity Market ETF by 418.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 2,668,454 shares of the company’s stock valued at $124,884,000 after buying an additional 2,154,091 shares during the period. Finally, Apella Capital LLC increased its stake in shares of Dimensional US Core Equity Market ETF by 1,877.7% during the 1st quarter. Apella Capital LLC now owns 2,153,540 shares of the company’s stock valued at $105,760,000 after acquiring an additional 2,044,648 shares during the last quarter.

Dimensional US Core Equity Market ETF Price Performance

Shares of DFAU stock opened at $51.51 on Friday. The firm has a market cap of $12.32 billion, a P/E ratio of 23.25 and a beta of 1.00. Dimensional US Core Equity Market ETF has a 1-year low of $42.41 and a 1-year high of $52.38. The firm’s 50-day simple moving average is $51.42 and its 200-day simple moving average is $48.79.

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.