MGB Wealth Management LLC Sells 7,000 Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

MGB Wealth Management LLC trimmed its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 15.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,915 shares of the company’s stock after selling 7,000 shares during the period. MGB Wealth Management LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $1,277,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth $268,000. Northwest Capital Management Inc purchased a new position in Dimensional U.S. Core Equity 2 ETF in the third quarter worth $106,000. Concourse Financial Group Securities Inc. increased its stake in Dimensional U.S. Core Equity 2 ETF by 8.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 11,764 shares of the company’s stock valued at $403,000 after acquiring an additional 874 shares during the last quarter. ORG Partners LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the third quarter valued at about $25,000. Finally, Creative Planning lifted its stake in Dimensional U.S. Core Equity 2 ETF by 2.3% during the third quarter. Creative Planning now owns 2,348,174 shares of the company’s stock worth $80,519,000 after purchasing an additional 53,028 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Down 0.6 %

DFAC opened at $35.56 on Thursday. The stock has a market capitalization of $30.82 billion, a P/E ratio of 19.03 and a beta of 1.00. The stock has a 50-day moving average price of $35.40 and a 200-day moving average price of $34.58. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $29.57 and a 12-month high of $36.66.

Dimensional U.S. Core Equity 2 ETF 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.