Drive Wealth Management LLC Reduces Stake in Dimensional Emerging Core Equity Market ETF $DFAE

Drive Wealth Management LLC reduced its stake in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 31.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,873 shares of the company’s stock after selling 3,681 shares during the quarter. Drive Wealth Management LLC’s holdings in Dimensional Emerging Core Equity Market ETF were worth $228,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 17.9% in the 4th quarter. Brighton Jones LLC now owns 487,353 shares of the company’s stock worth $12,364,000 after purchasing an additional 73,906 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Dimensional Emerging Core Equity Market ETF by 2.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 36,371 shares of the company’s stock worth $942,000 after buying an additional 788 shares during the period. First Bancorp Inc ME purchased a new position in Dimensional Emerging Core Equity Market ETF during the first quarter worth $8,351,000. Live Oak Private Wealth LLC bought a new position in Dimensional Emerging Core Equity Market ETF during the first quarter valued at $226,000. Finally, Fort Henry Capital LLC raised its stake in shares of Dimensional Emerging Core Equity Market ETF by 3.8% in the first quarter. Fort Henry Capital LLC now owns 175,166 shares of the company’s stock valued at $4,535,000 after acquiring an additional 6,488 shares during the period.

Dimensional Emerging Core Equity Market ETF Trading Up 1.2%

Dimensional Emerging Core Equity Market ETF stock opened at $32.43 on Tuesday. Dimensional Emerging Core Equity Market ETF has a 12-month low of $22.68 and a 12-month high of $32.47. The firm has a 50-day moving average price of $31.02 and a 200-day moving average price of $28.83. The firm has a market capitalization of $7.14 billion, a PE ratio of 14.98 and a beta of 0.59.

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.