Merit Financial Group LLC Purchases 13,730 Shares of Dimensional US Core Equity Market ETF $DFAU

Merit Financial Group LLC raised its position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 88.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,226 shares of the company’s stock after buying an additional 13,730 shares during the period. Merit Financial Group LLC’s holdings in Dimensional US Core Equity Market ETF were worth $1,337,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DFAU. Bank of Montreal Can raised its stake in shares of Dimensional US Core Equity Market ETF by 297.6% in the second quarter. Bank of Montreal Can now owns 3,193 shares of the company’s stock valued at $135,000 after acquiring an additional 2,390 shares during the last quarter. Promus Capital LLC acquired a new stake in Dimensional US Core Equity Market ETF during the 2nd quarter valued at $195,000. BOS Asset Management LLC bought a new position in Dimensional US Core Equity Market ETF in the 2nd quarter valued at $219,000. Lodestone Wealth Management LLC acquired a new position in Dimensional US Core Equity Market ETF in the second quarter worth $220,000. Finally, Parkwoods Wealth Partners LLC bought a new stake in shares of Dimensional US Core Equity Market ETF during the second quarter worth $229,000.

Dimensional US Core Equity Market ETF Stock Up 0.8%

Dimensional US Core Equity Market ETF stock opened at $47.35 on Tuesday. The stock has a 50-day simple moving average of $46.59 and a 200 day simple moving average of $45.07. The stock has a market capitalization of $10.42 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00. Dimensional US Core Equity Market ETF has a 12-month low of $33.06 and a 12-month high of $47.51.

Dimensional US Core Equity Market ETF Company Profile

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.