Diversified Portfolios Inc. Boosts Stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Diversified Portfolios Inc. increased its holdings in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 706,798 shares of the company’s stock after purchasing an additional 25,402 shares during the quarter. Dimensional Emerging Core Equity Market ETF accounts for approximately 2.0% of Diversified Portfolios Inc.’s portfolio, making the stock its 15th biggest position. Diversified Portfolios Inc. owned about 0.46% of Dimensional Emerging Core Equity Market ETF worth $17,931,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DFAE. Asset Dedication LLC boosted its stake in Dimensional Emerging Core Equity Market ETF by 1,207.7% during the third quarter. Asset Dedication LLC now owns 2,707 shares of the company’s stock worth $74,000 after buying an additional 2,500 shares during the period. Washington Trust Advisors Inc. boosted its position in shares of Dimensional Emerging Core Equity Market ETF by 31.1% during the 3rd quarter. Washington Trust Advisors Inc. now owns 4,080 shares of the company’s stock worth $112,000 after purchasing an additional 968 shares during the period. US Bancorp DE boosted its position in shares of Dimensional Emerging Core Equity Market ETF by 56.9% during the 3rd quarter. US Bancorp DE now owns 5,847 shares of the company’s stock worth $160,000 after purchasing an additional 2,120 shares during the period. HM Payson & Co. acquired a new stake in Dimensional Emerging Core Equity Market ETF in the 3rd quarter valued at approximately $171,000. Finally, Kraft Asset Management LLC purchased a new stake in Dimensional Emerging Core Equity Market ETF in the third quarter valued at approximately $221,000.

Dimensional Emerging Core Equity Market ETF Stock Down 0.4 %

NYSEARCA:DFAE opened at $26.05 on Wednesday. Dimensional Emerging Core Equity Market ETF has a 52 week low of $23.44 and a 52 week high of $28.19. The stock’s fifty day moving average is $25.68 and its two-hundred day moving average is $26.10. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85.

About Dimensional Emerging Core Equity Market ETF

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.