Dimensional U.S. Core Equity 2 ETF $DFAC Stock Purchased by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. increased its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 420.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,058 shares of the company’s stock after acquiring an additional 38,818 shares during the quarter. Summit Financial Strategies Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $2,136,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DFAC. Forum Financial Management LP raised its position in Dimensional U.S. Core Equity 2 ETF by 3.1% during the first quarter. Forum Financial Management LP now owns 42,328,643 shares of the company’s stock worth $1,644,891,000 after acquiring an additional 1,259,943 shares during the period. Apella Capital LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 6.6% in the third quarter. Apella Capital LLC now owns 17,175,406 shares of the company’s stock valued at $775,985,000 after purchasing an additional 1,064,750 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 4.2% in the second quarter. Envestnet Asset Management Inc. now owns 13,812,388 shares of the company’s stock valued at $612,718,000 after purchasing an additional 552,680 shares during the period. Rockwood Wealth Management LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 4.1% in the first quarter. Rockwood Wealth Management LLC now owns 12,077,663 shares of the company’s stock valued at $469,338,000 after purchasing an additional 478,929 shares during the period. Finally, SJS Investment Consulting Inc. grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 1.3% in the first quarter. SJS Investment Consulting Inc. now owns 9,231,772 shares of the company’s stock valued at $358,747,000 after purchasing an additional 120,004 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Down 1.0%

DFAC stock opened at $44.89 on Thursday. Dimensional U.S. Core Equity 2 ETF has a 52 week low of $37.47 and a 52 week high of $46.35. The firm has a 50-day simple moving average of $45.33 and a 200-day simple moving average of $43.88. The stock has a market capitalization of $48.94 billion, a P/E ratio of 20.75 and a beta of 0.98.

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.