Royal Bank of Canada Buys 15,772 Shares of Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Royal Bank of Canada lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 46.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 49,903 shares of the company’s stock after acquiring an additional 15,772 shares during the period. Royal Bank of Canada’s holdings in Dimensional Emerging Markets Core Equity 2 ETF were worth $1,724,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC raised its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 19.2% during the fourth quarter. Brighton Jones LLC now owns 843,054 shares of the company’s stock valued at $22,080,000 after purchasing an additional 135,562 shares during the period. Comerica Bank grew its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the 1st quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after buying an additional 696 shares during the period. AQR Capital Management LLC grew its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 6.6% in the 1st quarter. AQR Capital Management LLC now owns 34,737 shares of the company’s stock valued at $919,000 after buying an additional 2,158 shares during the period. Cetera Investment Advisers bought a new stake in Dimensional Emerging Markets Core Equity 2 ETF in the 2nd quarter valued at about $441,000. Finally, Cresset Asset Management LLC increased its position in Dimensional Emerging Markets Core Equity 2 ETF by 6.6% in the 2nd quarter. Cresset Asset Management LLC now owns 24,991 shares of the company’s stock valued at $742,000 after buying an additional 1,538 shares in the last quarter.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

DFEM stock opened at $39.14 on Wednesday. The stock’s 50 day simple moving average is $39.41 and its 200 day simple moving average is $38.10. The company has a market cap of $9.17 billion, a P/E ratio of 14.02 and a beta of 0.79. Dimensional Emerging Markets Core Equity 2 ETF has a fifty-two week low of $30.49 and a fifty-two week high of $42.57.

Dimensional Emerging Markets Core Equity 2 ETF Profile

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.