Shore Point Advisors LLC Cuts Holdings in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Shore Point Advisors LLC cut its stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 26.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 229,030 shares of the company’s stock after selling 82,133 shares during the quarter. Dimensional Emerging Core Equity Market ETF comprises approximately 3.1% of Shore Point Advisors LLC’s holdings, making the stock its 10th largest holding. Shore Point Advisors LLC owned approximately 0.15% of Dimensional Emerging Core Equity Market ETF worth $5,810,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Dedication LLC lifted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 1,207.7% in the 3rd quarter. Asset Dedication LLC now owns 2,707 shares of the company’s stock worth $74,000 after acquiring an additional 2,500 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Dimensional Emerging Core Equity Market ETF in the 2nd quarter worth about $99,000. Washington Trust Advisors Inc. lifted its stake in Dimensional Emerging Core Equity Market ETF by 31.1% in the third quarter. Washington Trust Advisors Inc. now owns 4,080 shares of the company’s stock worth $112,000 after purchasing an additional 968 shares during the last quarter. US Bancorp DE boosted its position in shares of Dimensional Emerging Core Equity Market ETF by 56.9% during the third quarter. US Bancorp DE now owns 5,847 shares of the company’s stock valued at $160,000 after buying an additional 2,120 shares during the period. Finally, HM Payson & Co. purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF in the third quarter worth approximately $171,000.

Dimensional Emerging Core Equity Market ETF Stock Performance

Shares of DFAE stock opened at $25.40 on Monday. The stock has a 50 day moving average price of $25.73 and a 200 day moving average price of $26.17. Dimensional Emerging Core Equity Market ETF has a 52-week low of $22.83 and a 52-week high of $28.19. The firm has a market capitalization of $3.94 billion, a P/E ratio of 11.33 and a beta of 0.85.

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.