FMB Wealth Management Purchases 68,100 Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

FMB Wealth Management boosted its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 9.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 803,720 shares of the company’s stock after acquiring an additional 68,100 shares during the quarter. Dimensional U.S. Core Equity 2 ETF makes up about 15.7% of FMB Wealth Management’s holdings, making the stock its largest position. FMB Wealth Management’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $27,801,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 3rd quarter valued at about $25,000. Fortitude Family Office LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the third quarter worth about $34,000. Abound Wealth Management grew its position in 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 buying an additional 1,135 shares during the period. Modus Advisors LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $58,000. Finally, Truvestments Capital LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF in the third quarter valued at about $70,000.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of NYSEARCA:DFAC opened at $35.76 on Wednesday. The firm has a market capitalization of $31.00 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00. The business’s 50 day simple moving average is $35.42 and its 200-day simple moving average is $34.57. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $29.57 and a 12 month high of $36.66.

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.