Sequoia Financial Advisors LLC Cuts Stock Holdings in Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

Sequoia Financial Advisors LLC cut its position in shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 3.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,542,942 shares of the company’s stock after selling 49,978 shares during the quarter. Dimensional U.S. Equity ETF makes up 1.0% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 15th largest holding. Sequoia Financial Advisors LLC’s holdings in Dimensional U.S. Equity ETF were worth $95,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Werba Rubin Papier Wealth Management increased its position in shares of Dimensional U.S. Equity ETF by 0.4% in the third quarter. Werba Rubin Papier Wealth Management now owns 41,855 shares of the company’s stock valued at $2,603,000 after buying an additional 170 shares in the last quarter. LRI Investments LLC raised its position in Dimensional U.S. Equity ETF by 0.5% during the second quarter. LRI Investments LLC now owns 40,655 shares of the company’s stock worth $2,393,000 after acquiring an additional 199 shares during the period. Vance Wealth Inc. lifted its holdings in Dimensional U.S. Equity ETF by 4.3% during the first quarter. Vance Wealth Inc. now owns 5,408 shares of the company’s stock valued at $308,000 after purchasing an additional 225 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in shares of Dimensional U.S. Equity ETF by 0.8% in the second quarter. Great Valley Advisor Group Inc. now owns 29,619 shares of the company’s stock valued at $1,743,000 after purchasing an additional 229 shares during the period. Finally, Gradient Capital Advisors LLC raised its position in shares of Dimensional U.S. Equity ETF by 3.8% during the 1st quarter. Gradient Capital Advisors LLC now owns 7,145 shares of the company’s stock worth $407,000 after purchasing an additional 261 shares during the last quarter.

Dimensional U.S. Equity ETF Price Performance

DFUS stock traded down $0.24 during trading on Tuesday, hitting $63.04. The stock had a trading volume of 56,833 shares, compared to its average volume of 276,499. The company’s 50-day moving average price is $61.12 and its two-hundred day moving average price is $58.89. Dimensional U.S. Equity ETF has a twelve month low of $44.39 and a twelve month high of $63.54. The stock has a market capitalization of $10.05 billion, a P/E ratio of 24.29 and a beta of 1.04.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.