Approach Retirement Advisors LLC Makes New $20.06 Million Investment in Dimensional U.S. Core Equity 2 ETF $DFAC

Approach Retirement Advisors LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 506,806 shares of the company’s stock, valued at approximately $20,064,000. Dimensional U.S. Core Equity 2 ETF accounts for 17.3% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its biggest position.

A number of other large investors also recently modified their holdings of the business. Trust Co. of Vermont bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter valued at approximately $29,000. Turning Point Benefit Group Inc. bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter valued at approximately $31,000. Ancora Advisors LLC boosted its position in shares of Dimensional U.S. Core Equity 2 ETF by 30.7% in the third quarter. Ancora Advisors LLC now owns 1,401 shares of the company’s stock valued at $54,000 after acquiring an additional 329 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at approximately $72,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Dimensional U.S. Core Equity 2 ETF by 3,080.6% in the third quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $82,000 after acquiring an additional 2,064 shares during the period.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.5%

DFAC opened at $42.21 on Friday. Dimensional U.S. Core Equity 2 ETF has a 1-year low of $31.58 and a 1-year high of $42.35. The stock has a market capitalization of $44.17 billion, a price-to-earnings ratio of 20.75 and a beta of 0.99. The business has a 50 day moving average of $40.25 and a 200-day moving average of $39.84.

Dimensional U.S. Core Equity 2 ETF Company Profile

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.