Morling Financial Advisors LLC Trims Stock Position in Dimensional Emerging Core Equity Market ETF $DFAE

Morling Financial Advisors LLC trimmed its stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 4.2% in the second quarter, HoldingsChannel.com reports. The firm owned 736,803 shares of the company’s stock after selling 32,469 shares during the period. Dimensional Emerging Core Equity Market ETF accounts for about 8.2% of Morling Financial Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Morling Financial Advisors LLC’s holdings in Dimensional Emerging Core Equity Market ETF were worth $29,627,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of DFAE. Nalls Sherbakoff Group LLC bought a new stake in shares of Dimensional Emerging Core Equity Market ETF in the 4th quarter valued at about $26,000. IMG Wealth Management Inc. bought a new position in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter worth about $28,000. UMB Bank n.a. bought a new position in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter worth about $29,000. Angeles Wealth Management LLC acquired a new position in shares of Dimensional Emerging Core Equity Market ETF in the first quarter worth approximately $36,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Dimensional Emerging Core Equity Market ETF in the third quarter worth approximately $42,000.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of DFAE stock opened at $40.57 on Friday. The stock has a market capitalization of $10.05 billion, a PE ratio of 14.98 and a beta of 0.73. The business’s 50 day simple moving average is $38.81 and its 200 day simple moving average is $37.90. Dimensional Emerging Core Equity Market ETF has a one year low of $30.19 and a one year high of $42.16.

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.