Archer Investment Management LLC Acquires Shares of 32,594 Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Archer Investment Management LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,594 shares of the company’s stock, valued at approximately $1,127,000. Dimensional U.S. Core Equity 2 ETF makes up approximately 0.7% of Archer Investment Management LLC’s investment portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Partners LLC purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter worth about $25,000. Fortitude Family Office LLC purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter worth about $34,000. Abound Wealth Management increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 644.9% during the fourth quarter. Abound Wealth Management now owns 1,311 shares of the company’s stock worth $45,000 after purchasing an additional 1,135 shares in the last quarter. Modus Advisors LLC purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth about $58,000. Finally, Truvestments Capital LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the 3rd quarter valued at about $70,000.

Dimensional U.S. Core Equity 2 ETF Trading Down 0.8 %

Shares of NYSEARCA DFAC opened at $35.39 on Tuesday. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $29.44 and a 12-month high of $36.66. The stock has a market cap of $30.68 billion, a PE ratio of 19.03 and a beta of 1.00. The company has a 50-day moving average of $35.50 and a 200 day moving average of $34.45.

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.