Sowell Financial Services LLC Grows Position in Dimensional US Core Equity Market ETF $DFAU

Sowell Financial Services LLC raised its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 16.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,065 shares of the company’s stock after acquiring an additional 29,410 shares during the quarter. Sowell Financial Services LLC owned approximately 0.10% of Dimensional US Core Equity Market ETF worth $9,971,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DFAU. Tradewinds Capital Management LLC purchased a new stake in Dimensional US Core Equity Market ETF during the 4th quarter worth about $38,000. SJS Investment Consulting Inc. purchased a new position in Dimensional US Core Equity Market ETF in the 3rd quarter valued at about $55,000. Salomon & Ludwin LLC acquired a new stake in shares of Dimensional US Core Equity Market ETF during the 3rd quarter worth about $139,000. Qube Research & Technologies Ltd boosted its stake in shares of Dimensional US Core Equity Market ETF by 93.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 3,392 shares of the company’s stock worth $155,000 after purchasing an additional 1,635 shares during the last quarter. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Dimensional US Core Equity Market ETF during the fourth quarter worth about $182,000.

Dimensional US Core Equity Market ETF Price Performance

NYSEARCA:DFAU opened at $45.48 on Monday. The firm has a market cap of $10.31 billion, a PE ratio of 23.25 and a beta of 1.00. The firm has a 50 day simple moving average of $46.77 and a 200-day simple moving average of $46.60. Dimensional US Core Equity Market ETF has a 1-year low of $33.06 and a 1-year high of $48.36.

Dimensional US Core Equity Market ETF 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.