Approach Retirement Advisors LLC Purchases New Position in Dimensional Emerging Core Equity Market ETF $DFAE

Approach Retirement Advisors LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 45,096 shares of the company’s stock, valued at approximately $1,469,000. Dimensional Emerging Core Equity Market ETF accounts for 1.3% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds also recently bought and sold shares of DFAE. Washington Trust Bank purchased a new position in Dimensional Emerging Core Equity Market ETF during the 3rd quarter valued at about $77,074,000. Coldstream Capital Management Inc. increased its holdings in Dimensional Emerging Core Equity Market ETF by 75.2% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,487,825 shares of the company’s stock valued at $141,501,000 after purchasing an additional 1,926,695 shares during the period. Great Point Wealth Advisors LLC purchased a new position in Dimensional Emerging Core Equity Market ETF during the 3rd quarter valued at about $34,611,000. Root Financial Partners LLC increased its holdings in Dimensional Emerging Core Equity Market ETF by 39.0% during the 3rd quarter. Root Financial Partners LLC now owns 2,739,217 shares of the company’s stock valued at $86,368,000 after purchasing an additional 768,150 shares during the period. Finally, Bank of America Corp DE increased its holdings in Dimensional Emerging Core Equity Market ETF by 13.6% during the 3rd quarter. Bank of America Corp DE now owns 5,763,021 shares of the company’s stock valued at $181,708,000 after purchasing an additional 688,036 shares during the period.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of NYSEARCA:DFAE opened at $37.88 on Friday. Dimensional Emerging Core Equity Market ETF has a 1 year low of $25.60 and a 1 year high of $38.19. The company has a market cap of $8.99 billion, a PE ratio of 14.98 and a beta of 0.65. The stock’s 50-day moving average is $35.46 and its 200 day moving average is $33.91.

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.