Black Point Wealth Management Purchases 1,750 Shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)

Black Point Wealth Management lifted its position in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 9.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,329 shares of the company’s stock after purchasing an additional 1,750 shares during the period. Dimensional US Core Equity Market ETF accounts for about 0.9% of Black Point Wealth Management’s holdings, making the stock its 13th biggest position. Black Point Wealth Management’s holdings in Dimensional US Core Equity Market ETF were worth $807,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DFAU. Sequoia Financial Advisors LLC boosted its stake in shares of Dimensional US Core Equity Market ETF by 19.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,380,986 shares of the company’s stock worth $164,243,000 after buying an additional 712,064 shares during the last quarter. Kooman & Associates boosted its position in Dimensional US Core Equity Market ETF by 0.9% during the second quarter. Kooman & Associates now owns 2,553,907 shares of the company’s stock worth $95,746,000 after purchasing an additional 22,459 shares during the period. Spinnaker Investment Group LLC increased its stake in shares of Dimensional US Core Equity Market ETF by 4.3% in the second quarter. Spinnaker Investment Group LLC now owns 1,915,048 shares of the company’s stock worth $71,795,000 after purchasing an additional 79,496 shares in the last quarter. Meridian Wealth Partners LLC raised its position in shares of Dimensional US Core Equity Market ETF by 0.3% in the second quarter. Meridian Wealth Partners LLC now owns 1,906,433 shares of the company’s stock valued at $71,472,000 after purchasing an additional 5,806 shares during the period. Finally, Arista Wealth Management LLC lifted its stake in shares of Dimensional US Core Equity Market ETF by 194.9% during the 2nd quarter. Arista Wealth Management LLC now owns 1,852,970 shares of the company’s stock valued at $69,468,000 after buying an additional 1,224,616 shares in the last quarter.

Dimensional US Core Equity Market ETF Stock Performance

Dimensional US Core Equity Market ETF stock traded up $0.10 during mid-day trading on Friday, reaching $40.48. The company’s stock had a trading volume of 472,209 shares, compared to its average volume of 447,805. The firm’s fifty day moving average price is $38.93 and its two-hundred day moving average price is $37.56. Dimensional US Core Equity Market ETF has a 12-month low of $28.50 and a 12-month high of $40.57. The company has a market capitalization of $6.14 billion, a P/E 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.