Summit Wealth Group LLC Decreases Stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Summit Wealth Group LLC cut its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 58.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 535,078 shares of the company’s stock after selling 745,047 shares during the period. Dimensional U.S. Core Equity 2 ETF makes up 5.3% of Summit Wealth Group LLC’s portfolio, making the stock its 3rd biggest holding. Summit Wealth Group LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $18,348,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in DFAC. Prospera Financial Services Inc boosted its position in shares of Dimensional U.S. Core Equity 2 ETF by 40.8% during the third quarter. Prospera Financial Services Inc now owns 25,197 shares of the company’s stock valued at $864,000 after buying an additional 7,298 shares during the last quarter. Caprock Group LLC lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% in the third quarter. Caprock Group LLC now owns 102,956 shares of the company’s stock worth $3,530,000 after buying an additional 4,886 shares in the last quarter. Aviance Capital Partners LLC increased its stake in Dimensional U.S. Core Equity 2 ETF by 8.2% in the 3rd quarter. Aviance Capital Partners LLC now owns 63,542 shares of the company’s stock worth $2,179,000 after acquiring an additional 4,807 shares during the last quarter. EnRich Financial Partners LLC lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 7.2% during the 3rd quarter. EnRich Financial Partners LLC now owns 13,384 shares of the company’s stock worth $459,000 after acquiring an additional 902 shares during the last quarter. Finally, Meeder Advisory Services Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter worth approximately $725,000.

Dimensional U.S. Core Equity 2 ETF Stock Performance

DFAC opened at $35.30 on Tuesday. Dimensional U.S. Core Equity 2 ETF has a 52-week low of $27.20 and a 52-week high of $36.19. The stock’s 50 day moving average price is $34.47 and its 200-day moving average price is $33.15. The stock has a market capitalization of $30.60 billion, a PE ratio of 19.03 and a beta of 1.00.

Dimensional U.S. Core Equity 2 ETF Company 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.