Morris Financial Concepts Inc. Acquires 955 Shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)

Morris Financial Concepts Inc. grew its holdings in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 7.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,731 shares of the company’s stock after purchasing an additional 955 shares during the period. Morris Financial Concepts Inc.’s holdings in Dimensional US Core Equity Market ETF were worth $556,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Hemington Wealth Management lifted its position in Dimensional US Core Equity Market ETF by 12.2% during the 4th quarter. Hemington Wealth Management now owns 573,066 shares of the company’s stock worth $23,203,000 after buying an additional 62,435 shares in the last quarter. GEM Asset Management LLC increased its stake in shares of Dimensional US Core Equity Market ETF by 2.3% during the 4th quarter. GEM Asset Management LLC now owns 132,197 shares of the company’s stock worth $5,353,000 after purchasing an additional 2,983 shares during the last quarter. FMB Wealth Management increased its stake in shares of Dimensional US Core Equity Market ETF by 3.1% during the 4th quarter. FMB Wealth Management now owns 204,845 shares of the company’s stock worth $8,294,000 after purchasing an additional 6,071 shares during the last quarter. Financial Connections Group Inc. grew its stake in Dimensional US Core Equity Market ETF by 2.5% in the 4th quarter. Financial Connections Group Inc. now owns 733,651 shares of the company’s stock valued at $29,705,000 after buying an additional 18,155 shares during the last quarter. Finally, Wealth Advisors Northwest LLC acquired a new position in Dimensional US Core Equity Market ETF in the 4th quarter valued at about $6,317,000.

Dimensional US Core Equity Market ETF Stock Performance

Shares of DFAU opened at $41.64 on Thursday. Dimensional US Core Equity Market ETF has a 52 week low of $34.06 and a 52 week high of $42.42. The firm has a market cap of $6.31 billion, a P/E ratio of 22.05 and a beta of 1.02. The firm’s 50-day simple moving average is $41.39 and its 200 day simple moving average is $40.12.

Dimensional US Core Equity Market ETF Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.