M Wealth Management LLC Invests $5.15 Million in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

M Wealth Management LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 148,814 shares of the company’s stock, valued at approximately $5,147,000. Dimensional U.S. Core Equity 2 ETF makes up approximately 4.7% of M Wealth Management LLC’s portfolio, making the stock its 6th largest holding.

A number of other hedge funds have also recently made changes to their positions in DFAC. ORG Partners LLC purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the 3rd quarter valued at $25,000. Fortitude Family Office LLC acquired a new position in Dimensional U.S. Core Equity 2 ETF during the third quarter valued at $34,000. Abound Wealth Management boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 644.9% in the fourth quarter. Abound Wealth Management now owns 1,311 shares of the company’s stock valued at $45,000 after purchasing an additional 1,135 shares during the last quarter. Modus Advisors LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF during the 4th quarter worth about $58,000. Finally, Truvestments Capital LLC purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 3rd quarter valued at about $70,000.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.2 %

Shares of DFAC opened at $35.92 on Thursday. The stock’s 50-day moving average price is $35.52 and its 200-day moving average price is $34.40. The company has a market capitalization of $31.13 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 52 week low of $29.24 and a 52 week high of $36.66.

Dimensional U.S. Core Equity 2 ETF Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.