Professional Financial Solutions LLC ADV Invests $9.31 Million in Dimensional U.S. Small Cap ETF $DFAS

Professional Financial Solutions LLC ADV acquired a new stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) in the fourth quarter, HoldingsChannel reports. The firm acquired 133,628 shares of the company’s stock, valued at approximately $9,310,000. Dimensional U.S. Small Cap ETF makes up about 8.7% of Professional Financial Solutions LLC ADV’s portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of DFAS. Creative Planning boosted its position in Dimensional U.S. Small Cap ETF by 12.1% during the third quarter. Creative Planning now owns 22,684,991 shares of the company’s stock worth $1,553,014,000 after acquiring an additional 2,456,531 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Dimensional U.S. Small Cap ETF by 300.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,378,611 shares of the company’s stock valued at $165,718,000 after acquiring an additional 1,784,207 shares during the last quarter. Vise Technologies Inc. raised its holdings in Dimensional U.S. Small Cap ETF by 216.8% in the 4th quarter. Vise Technologies Inc. now owns 1,257,727 shares of the company’s stock valued at $87,626,000 after acquiring an additional 860,746 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Dimensional U.S. Small Cap ETF by 15.7% during the 2nd quarter. Bank of America Corp DE now owns 6,216,760 shares of the company’s stock worth $396,070,000 after purchasing an additional 841,620 shares during the period. Finally, Richard Young Associates Ltd. purchased a new position in shares of Dimensional U.S. Small Cap ETF during the 4th quarter worth $31,755,000.

Dimensional U.S. Small Cap ETF Stock Up 1.3%

DFAS stock opened at $80.35 on Friday. The stock has a market capitalization of $14.59 billion, a price-to-earnings ratio of 15.89 and a beta of 1.02. Dimensional U.S. Small Cap ETF has a 52-week low of $61.38 and a 52-week high of $81.61. The stock’s fifty day simple moving average is $77.42 and its 200-day simple moving average is $74.32.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.