Melfa Wealth Management Inc. Sells 10,535 Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Melfa Wealth Management Inc. lowered its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 3.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 318,540 shares of the company’s stock after selling 10,535 shares during the quarter. Dimensional U.S. Core Equity 2 ETF accounts for 7.2% of Melfa Wealth Management Inc.’s holdings, making the stock its largest position. Melfa Wealth Management Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $10,923,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Savant Capital LLC increased its position in Dimensional U.S. Core Equity 2 ETF by 82.7% in the 2nd quarter. Savant Capital LLC now owns 9,757,567 shares of the company’s stock valued at $314,584,000 after acquiring an additional 4,416,364 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 47,667,442 shares of the company’s stock worth $1,476,782,000 after purchasing an additional 2,612,418 shares during the last quarter. LRI Investments LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF in the first quarter valued at $75,055,000. ARK & TLK Investments LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF in the second quarter valued at $62,860,000. Finally, Envestnet Asset Management Inc. raised its position in Dimensional U.S. Core Equity 2 ETF by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 53,433,075 shares of the company’s stock worth $1,722,682,000 after purchasing an additional 1,598,446 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.1 %

DFAC traded up $0.05 during midday trading on Thursday, hitting $35.01. 377,798 shares of the company were exchanged, compared to its average volume of 1,600,372. The firm has a market capitalization of $30.35 billion, a P/E ratio of 19.03 and a beta of 1.00. The firm’s 50 day moving average price is $33.55 and its 200-day moving average price is $32.47. Dimensional U.S. Core Equity 2 ETF has a 1-year low of $24.84 and a 1-year high of $35.15.

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.