Arbor Wealth Advisors LLC Invests $3.43 Million in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Arbor Wealth Advisors LLC bought a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 117,251 shares of the company’s stock, valued at approximately $3,427,000. Dimensional U.S. Core Equity 2 ETF comprises about 3.5% of Arbor Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 10.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 46,146,403 shares of the company’s stock worth $1,209,036,000 after purchasing an additional 4,455,197 shares during the last quarter. Forum Financial Management LP grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 0.6% during the 3rd quarter. Forum Financial Management LP now owns 39,374,171 shares of the company’s stock valued at $1,031,603,000 after buying an additional 225,134 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 20.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 34,511,795 shares of the company’s stock valued at $904,209,000 after buying an additional 5,808,548 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 3.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 10,124,499 shares of the company’s stock valued at $265,262,000 after buying an additional 317,304 shares during the last quarter. Finally, SJS Investment Consulting Inc. grew its position in Dimensional U.S. Core Equity 2 ETF by 0.6% in the 4th quarter. SJS Investment Consulting Inc. now owns 8,920,046 shares of the company’s stock worth $260,733,000 after purchasing an additional 51,437 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Up 1.2 %

NYSEARCA DFAC traded up $0.36 on Tuesday, hitting $30.73. The stock had a trading volume of 1,570,275 shares, compared to its average volume of 1,654,427. Dimensional U.S. Core Equity 2 ETF has a one year low of $24.75 and a one year high of $32.01. The stock has a market cap of $26.50 billion, a price-to-earnings ratio of 18.54 and a beta of 0.96. The company’s 50-day moving average is $31.00 and its two-hundred day moving average is $29.02.

About Dimensional U.S. Core Equity 2 ETF

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.