ERn Financial LLC Reduces Stock Position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)

ERn Financial LLC reduced its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 20.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 109,870 shares of the company’s stock after selling 28,078 shares during the period. ERn Financial LLC’s holdings in Dimensional US Core Equity Market ETF were worth $4,015,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of DFAU. Salem Investment Counselors Inc. grew its stake in shares of Dimensional US Core Equity Market ETF by 74.9% in the 1st quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $28,000 after buying an additional 329 shares during the period. Evolution Advisers Inc. purchased a new position in Dimensional US Core Equity Market ETF in the fourth quarter worth approximately $56,000. Geneos Wealth Management Inc. increased its stake in Dimensional US Core Equity Market ETF by 262.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,230 shares of the company’s stock worth $74,000 after acquiring an additional 1,615 shares during the last quarter. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Dimensional US Core Equity Market ETF in the 4th quarter valued at $120,000. Finally, Planned Solutions Inc. purchased a new position in shares of Dimensional US Core Equity Market ETF during the 4th quarter worth $130,000.

Dimensional US Core Equity Market ETF Stock Up 0.1 %

Shares of DFAU traded up $0.03 during trading on Thursday, reaching $37.60. 504,008 shares of the company traded hands, compared to its average volume of 456,529. The stock has a 50-day simple moving average of $36.46 and a 200-day simple moving average of $35.20. Dimensional US Core Equity Market ETF has a twelve month low of $28.50 and a twelve month high of $37.78. The stock has a market cap of $5.70 billion, a PE ratio of 22.05 and a beta of 1.02.

Dimensional US Core Equity Market ETF Company Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.