Dimensional Emerging Core Equity Market ETF $DFAE Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its holdings in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 52.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,111,905 shares of the company’s stock after selling 1,220,421 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.50% of Dimensional Emerging Core Equity Market ETF worth $35,058,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its position in Dimensional Emerging Core Equity Market ETF by 17.9% during the fourth quarter. Brighton Jones LLC now owns 487,353 shares of the company’s stock worth $12,364,000 after acquiring an additional 73,906 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Dimensional Emerging Core Equity Market ETF during the 1st quarter worth approximately $1,915,000. Jane Street Group LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF in the first quarter valued at approximately $7,924,000. Janney Montgomery Scott LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF in the second quarter valued at approximately $247,000. Finally, Truist Financial Corp increased its holdings in shares of Dimensional Emerging Core Equity Market ETF by 2.2% in the second quarter. Truist Financial Corp now owns 21,326 shares of the company’s stock valued at $617,000 after purchasing an additional 461 shares during the last quarter.

Dimensional Emerging Core Equity Market ETF Stock Performance

NYSEARCA DFAE opened at $36.58 on Thursday. The stock’s fifty day moving average is $33.71 and its two-hundred day moving average is $32.13. The firm has a market capitalization of $8.50 billion, a P/E ratio of 14.98 and a beta of 0.62. Dimensional Emerging Core Equity Market ETF has a fifty-two week low of $22.68 and a fifty-two week high of $36.61.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) 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. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.