Phillips Financial Management LLC Has $27.60 Million Position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Phillips Financial Management LLC lessened its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 797,898 shares of the company’s stock after selling 27,813 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for about 2.2% of Phillips Financial Management LLC’s portfolio, making the stock its 15th biggest holding. Phillips Financial Management LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $27,599,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DFAC. Abound Wealth Management increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 644.9% in the fourth quarter. Abound Wealth Management now owns 1,311 shares of the company’s stock valued at $45,000 after buying an additional 1,135 shares during the period. Modus Advisors LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $58,000. Truvestments Capital LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter valued at about $70,000. Fortitude Family Office LLC increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 233.0% in the fourth quarter. Fortitude Family Office LLC now owns 3,333 shares of the company’s stock valued at $115,000 after buying an additional 2,332 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $116,000.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of Dimensional U.S. Core Equity 2 ETF stock opened at $32.84 on Thursday. Dimensional U.S. Core Equity 2 ETF has a one year low of $29.99 and a one year high of $36.66. The stock’s 50-day moving average is $35.12 and its 200 day moving average is $34.88. The firm has a market cap of $31.09 billion, a price-to-earnings ratio of 22.19 and a beta of 1.01.

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.