Merit Financial Group LLC Decreases Stock Position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Merit Financial Group LLC trimmed its holdings in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 440,449 shares of the company’s stock after selling 7,916 shares during the period. Merit Financial Group LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $12,874,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Financial Council Asset Management Inc raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 10.2% during the fourth quarter. Financial Council Asset Management Inc now owns 136,895 shares of the company’s stock valued at $4,001,000 after purchasing an additional 12,713 shares during the last quarter. Waterway Wealth Management LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF in the 4th quarter worth approximately $280,000. Argent Trust Co raised its stake in Dimensional U.S. Core Equity 2 ETF by 20.2% during the 3rd quarter. Argent Trust Co now owns 13,670 shares of the company’s stock valued at $358,000 after buying an additional 2,298 shares during the last quarter. Disciplined Equity Management Inc. lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 12.7% during the 4th quarter. Disciplined Equity Management Inc. now owns 35,470 shares of the company’s stock valued at $1,037,000 after buying an additional 3,990 shares during the period. Finally, Silver Oak Advisory Group Inc. boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 4.5% in the 3rd quarter. Silver Oak Advisory Group Inc. now owns 308,127 shares of the company’s stock worth $8,072,000 after buying an additional 13,329 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Price Performance

Shares of DFAC traded up $0.35 during trading hours on Friday, hitting $31.01. The stock had a trading volume of 1,875,058 shares, compared to its average volume of 1,637,862. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $24.75 and a 12 month high of $32.01. The stock has a fifty day moving average price of $31.06 and a 200 day moving average price of $29.19. The firm has a market capitalization of $26.74 billion, a PE ratio of 18.54 and a beta of 0.96.

Dimensional U.S. Core Equity 2 ETF Company 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.