Silver Lake Advisory LLC Takes Position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Silver Lake Advisory LLC bought a new stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 412,622 shares of the company’s stock, valued at approximately $10,675,000. Dimensional Emerging Core Equity Market ETF accounts for 1.9% of Silver Lake Advisory LLC’s investment portfolio, making the stock its 11th largest holding. Silver Lake Advisory LLC owned about 0.27% of Dimensional Emerging Core Equity Market ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. acquired a new stake in Dimensional Emerging Core Equity Market ETF in the fourth quarter valued at approximately $208,000. Cerity Partners LLC grew its stake in Dimensional Emerging Core Equity Market ETF by 69.9% in the 4th quarter. Cerity Partners LLC now owns 169,040 shares of the company’s stock valued at $4,076,000 after acquiring an additional 69,538 shares during the period. Tranquility Partners LLC grew its stake in Dimensional Emerging Core Equity Market ETF by 7.3% in the 4th quarter. Tranquility Partners LLC now owns 18,857 shares of the company’s stock valued at $455,000 after acquiring an additional 1,287 shares during the period. Financial Symmetry Inc purchased a new stake in Dimensional Emerging Core Equity Market ETF in the 4th quarter worth $1,747,000. Finally, Zhang Financial LLC raised its position in Dimensional Emerging Core Equity Market ETF by 45.7% during the fourth quarter. Zhang Financial LLC now owns 70,942 shares of the company’s stock worth $1,710,000 after acquiring an additional 22,235 shares during the period.

Dimensional Emerging Core Equity Market ETF Stock Up 1.1 %

Shares of NYSEARCA DFAE traded up $0.28 during trading on Friday, hitting $26.23. The company had a trading volume of 616,738 shares, compared to its average volume of 809,797. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85. The stock has a fifty day simple moving average of $25.89 and a two-hundred day simple moving average of $25.15. Dimensional Emerging Core Equity Market ETF has a fifty-two week low of $21.54 and a fifty-two week high of $26.99.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.