Cypress Point Wealth Management LLC grew its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC – Free Report) by 7.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,263,305 shares of the company’s stock after purchasing an additional 87,220 shares during the quarter. Dimensional U.S. Core Equity 2 ETF makes up 9.9% of Cypress Point Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Cypress Point Wealth Management LLC owned approximately 0.13% of Dimensional U.S. Core Equity 2 ETF worth $48,726,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the company. Vestmark Advisory Solutions Inc. increased its holdings in Dimensional U.S. Core Equity 2 ETF by 108.9% in the second quarter. Vestmark Advisory Solutions Inc. now owns 8,809,842 shares of the company’s stock valued at $315,745,000 after buying an additional 4,593,492 shares during the last quarter. HFM Investment Advisors LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth about $89,633,000. Envestnet Asset Management Inc. increased its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock valued at $1,965,075,000 after acquiring an additional 2,622,796 shares during the last quarter. Porter White Investment Advisors Inc. acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth about $83,747,000. Finally, Focus Partners Wealth lifted its stake in Dimensional U.S. Core Equity 2 ETF by 6.5% during the first quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock worth $1,330,043,000 after purchasing an additional 2,458,453 shares during the last quarter.
Dimensional U.S. Core Equity 2 ETF Stock Down 0.7%
Shares of DFAC opened at $39.14 on Thursday. The company has a market capitalization of $39.21 billion, a price-to-earnings ratio of 20.75 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 52-week low of $28.39 and a 52-week high of $40.21. The stock has a 50 day moving average price of $38.92 and a 200 day moving average price of $37.59.
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.
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