Washington Trust Bank Acquires New Holdings in Dimensional U.S. Small Cap ETF $DFAS

Washington Trust Bank acquired a new stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 788,022 shares of the company’s stock, valued at approximately $50,205,000. Dimensional U.S. Small Cap ETF accounts for 4.2% of Washington Trust Bank’s investment portfolio, making the stock its 5th largest position. Washington Trust Bank owned about 0.48% of Dimensional U.S. Small Cap ETF at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp increased its stake in shares of Dimensional U.S. Small Cap ETF by 6.4% in the 1st quarter. Bank of New York Mellon Corp now owns 56,319 shares of the company’s stock valued at $3,365,000 after acquiring an additional 3,395 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Dimensional U.S. Small Cap ETF by 167.6% in the 1st quarter. Concurrent Investment Advisors LLC now owns 16,381 shares of the company’s stock worth $979,000 after buying an additional 10,260 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Dimensional U.S. Small Cap ETF by 4.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,447,086 shares of the company’s stock worth $146,213,000 after buying an additional 113,611 shares during the last quarter. Brown Advisory Inc. increased its stake in shares of Dimensional U.S. Small Cap ETF by 36.7% during the 1st quarter. Brown Advisory Inc. now owns 927,961 shares of the company’s stock worth $55,446,000 after purchasing an additional 249,195 shares during the last quarter. Finally, Stratos Wealth Advisors LLC lifted its position in shares of Dimensional U.S. Small Cap ETF by 2.9% during the 1st quarter. Stratos Wealth Advisors LLC now owns 33,720 shares of the company’s stock valued at $2,015,000 after buying an additional 963 shares during the last quarter.

Dimensional U.S. Small Cap ETF Trading Up 1.3%

DFAS opened at $67.97 on Thursday. Dimensional U.S. Small Cap ETF has a 12 month low of $51.45 and a 12 month high of $71.78. The company has a market cap of $11.43 billion, a PE ratio of 15.89 and a beta of 1.06. The company has a 50 day moving average of $68.44 and a 200 day moving average of $65.00.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.