Riverbend Wealth Management LLC Takes Position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Riverbend Wealth Management LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 30,678 shares of the company’s stock, valued at approximately $1,061,000. Dimensional U.S. Core Equity 2 ETF accounts for about 0.9% of Riverbend Wealth Management LLC’s holdings, making the stock its 29th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFAC. Abound Wealth Management lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 644.9% in the 4th quarter. Abound Wealth Management now owns 1,311 shares of the company’s stock worth $45,000 after buying an additional 1,135 shares during the period. Modus Advisors LLC bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $58,000. Truvestments Capital LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF in the third quarter worth about $70,000. Fortitude Family Office LLC grew its holdings in Dimensional U.S. Core Equity 2 ETF by 233.0% during the 4th quarter. Fortitude Family Office LLC now owns 3,333 shares of the company’s stock worth $115,000 after acquiring an additional 2,332 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF during the 4th quarter valued at about $116,000.

Dimensional U.S. Core Equity 2 ETF Stock Performance

Shares of DFAC opened at $33.08 on Tuesday. The company has a 50 day moving average price of $35.20 and a 200-day moving average price of $34.90. Dimensional U.S. Core Equity 2 ETF has a fifty-two week low of $29.99 and a fifty-two week high of $36.66. The stock has a market capitalization of $31.31 billion, a PE ratio of 22.19 and a beta of 1.01.

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.