Mercer Global Advisors Inc. ADV Decreases Stock Position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Mercer Global Advisors Inc. ADV trimmed its position in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 19.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,939,378 shares of the company’s stock after selling 721,238 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 1.89% of Dimensional Emerging Core Equity Market ETF worth $76,042,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Foster Group Inc. boosted its holdings in Dimensional Emerging Core Equity Market ETF by 24,946.2% in the 2nd quarter. Foster Group Inc. now owns 3,475,413 shares of the company’s stock valued at $89,909,000 after purchasing an additional 3,461,537 shares during the last quarter. Jane Street Group LLC boosted its stake in Dimensional Emerging Core Equity Market ETF by 174.7% during the first quarter. Jane Street Group LLC now owns 1,538,886 shares of the company’s stock worth $38,041,000 after buying an additional 978,593 shares during the period. Freedom Investment Management Inc. acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at about $16,090,000. UBS Group AG raised its stake in shares of Dimensional Emerging Core Equity Market ETF by 12.2% in the 4th quarter. UBS Group AG now owns 4,966,645 shares of the company’s stock valued at $119,746,000 after acquiring an additional 541,148 shares during the period. Finally, Fiduciary Financial Group LLC acquired a new position in shares of Dimensional Emerging Core Equity Market ETF in the 2nd quarter worth approximately $14,059,000.

Dimensional Emerging Core Equity Market ETF Stock Performance

Dimensional Emerging Core Equity Market ETF stock opened at $25.84 on Wednesday. The firm has a 50 day moving average price of $25.92 and a 200 day moving average price of $25.50. Dimensional Emerging Core Equity Market ETF has a fifty-two week low of $21.54 and a fifty-two week high of $26.99. The company has a market capitalization of $4.01 billion, a PE ratio of 11.33 and a beta of 0.85.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.