Diversify Wealth Management LLC Makes New $16.17 Million Investment in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)

Diversify Wealth Management LLC purchased a new stake in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 563,562 shares of the company’s stock, valued at approximately $16,169,000. Dimensional International Core Equity Market ETF accounts for approximately 1.9% of Diversify Wealth Management LLC’s holdings, making the stock its 8th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Silver Lake Advisory LLC acquired a new position in Dimensional International Core Equity Market ETF in the second quarter valued at approximately $46,364,000. Pure Financial Advisors LLC lifted its stake in shares of Dimensional International Core Equity Market ETF by 183.9% in the 2nd quarter. Pure Financial Advisors LLC now owns 2,292,311 shares of the company’s stock valued at $68,013,000 after purchasing an additional 1,484,995 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in shares of Dimensional International Core Equity Market ETF by 3,812.1% during the 2nd quarter. Apollon Wealth Management LLC now owns 966,878 shares of the company’s stock worth $28,687,000 after purchasing an additional 942,163 shares during the period. Kestra Advisory Services LLC increased its position in shares of Dimensional International Core Equity Market ETF by 119.1% during the 1st quarter. Kestra Advisory Services LLC now owns 1,528,175 shares of the company’s stock worth $46,181,000 after purchasing an additional 830,797 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Dimensional International Core Equity Market ETF by 98.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,667,071 shares of the company’s stock worth $49,462,000 after purchasing an additional 825,053 shares during the last quarter.

Dimensional International Core Equity Market ETF Price Performance

NYSEARCA DFAI opened at $31.11 on Friday. The stock has a market capitalization of $6.04 billion, a P/E ratio of 13.93 and a beta of 0.83. The firm’s 50-day moving average is $30.48 and its two-hundred day moving average is $30.15. Dimensional International Core Equity Market ETF has a 12 month low of $24.83 and a 12 month high of $31.66.

Dimensional International Core Equity Market ETF Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.