Prosperity Planning Inc. Lowers Stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Prosperity Planning Inc. reduced its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 125,300 shares of the company’s stock after selling 1,941 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for 1.4% of Prosperity Planning Inc.’s portfolio, making the stock its 17th biggest position. Prosperity Planning Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $3,663,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in DFAC. Brookstone Capital Management raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 4.7% in the third quarter. Brookstone Capital Management now owns 36,171 shares of the company’s stock valued at $936,000 after acquiring an additional 1,635 shares in the last quarter. Sheets Smith Wealth Management bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter valued at about $144,000. Balboa Wealth Partners raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 32.3% in the third quarter. Balboa Wealth Partners now owns 16,388 shares of the company’s stock valued at $429,000 after acquiring an additional 3,999 shares in the last quarter. Private Ocean LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 10.5% in the third quarter. Private Ocean LLC now owns 6,234,273 shares of the company’s stock valued at $163,338,000 after acquiring an additional 593,816 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 32.0% in the third quarter. Raymond James & Associates now owns 420,479 shares of the company’s stock valued at $11,017,000 after acquiring an additional 101,861 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Down 0.3 %

Shares of DFAC stock traded down $0.08 on Wednesday, hitting $30.36. The stock had a trading volume of 1,697,185 shares, compared to its average volume of 1,637,453. The company has a market cap of $26.18 billion, a PE ratio of 18.54 and a beta of 0.96. The business has a 50 day moving average price of $31.05 and a 200 day moving average price of $29.17. Dimensional U.S. Core Equity 2 ETF has a one year low of $24.75 and a one year high of $32.01.

About Dimensional U.S. Core Equity 2 ETF

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.