Grunden Financial Advisory Inc. Acquires Shares of 1,401,406 Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Grunden Financial Advisory Inc. acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the fourth quarter, Holdings Channel reports. The firm acquired 1,401,406 shares of the company’s stock, valued at approximately $40,963,000. Dimensional U.S. Core Equity 2 ETF makes up about 23.0% of Grunden Financial Advisory Inc.’s holdings, making the stock its biggest position.

Several other hedge funds have also recently modified their holdings of DFAC. Valley Wealth Managers Inc. bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter worth $30,000. Gradient Investments LLC grew its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 28.9% in the fourth quarter. Gradient Investments LLC now owns 2,243 shares of the company’s stock worth $66,000 after acquiring an additional 503 shares during the period. Global Wealth Strategies & Associates grew its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 301.7% in the third quarter. Global Wealth Strategies & Associates now owns 2,378 shares of the company’s stock worth $62,000 after acquiring an additional 1,786 shares during the period. Harbor Investment Advisory LLC grew its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 16.2% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,637 shares of the company’s stock worth $77,000 after acquiring an additional 368 shares during the period. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 17.4% in the third quarter. Capital Investment Advisory Services LLC now owns 2,700 shares of the company’s stock worth $71,000 after acquiring an additional 400 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Down 0.1 %

NYSEARCA:DFAC traded down $0.03 during mid-day trading on Thursday, hitting $30.21. 1,813,236 shares of the company traded hands, compared to its average volume of 1,668,281. The stock’s fifty day moving average price is $30.98 and its 200-day moving average price is $28.87. The firm has a market cap of $23.37 billion, a price-to-earnings ratio of 14.57 and a beta of 0.96. Dimensional U.S. Core Equity 2 ETF has a one year low of $24.75 and a one year high of $32.01.

Dimensional U.S. Core Equity 2 ETF 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.