Focus Partners Advisor Solutions LLC Sells 814,395 Shares of Dimensional U.S. Core Equity 2 ETF $DFAC

Focus Partners Advisor Solutions LLC lowered its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 5.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 15,559,478 shares of the company’s stock after selling 814,395 shares during the quarter. Dimensional U.S. Core Equity 2 ETF makes up approximately 7.4% of Focus Partners Advisor Solutions LLC’s portfolio, making the stock its 2nd largest holding. Focus Partners Advisor Solutions LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $557,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. BankPlus Trust Department bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 2nd quarter valued at approximately $30,000. Stonebridge Financial Group LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the first quarter valued at approximately $48,000. Hughes Financial Services LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the first quarter worth $51,000. Copia Wealth Management bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 2nd quarter worth $79,000. Finally, JNBA Financial Advisors lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 276.3% in the 2nd quarter. JNBA Financial Advisors now owns 2,363 shares of the company’s stock worth $85,000 after acquiring an additional 1,735 shares during the period.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.8%

DFAC opened at $39.07 on Friday. The stock has a market cap of $39.10 billion, a PE ratio of 20.75 and a beta of 0.96. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $28.39 and a 1 year high of $39.17. The stock’s 50 day simple moving average is $38.21 and its 200-day simple moving average is $35.85.

About Dimensional U.S. Core Equity 2 ETF

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.