Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) is Melfa Wealth Management Inc.’s Largest Position

Melfa Wealth Management Inc. increased its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 0.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 318,939 shares of the company’s stock after purchasing an additional 399 shares during the period. Dimensional U.S. Core Equity 2 ETF accounts for 7.4% of Melfa Wealth Management Inc.’s portfolio, making the stock its biggest position. Melfa Wealth Management Inc.’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $11,032,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Dimensional U.S. Core Equity 2 ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,528,034 shares of the company’s stock worth $52,396,000 after buying an additional 36,331 shares during the last quarter. GEM Asset Management LLC lifted its position in Dimensional U.S. Core Equity 2 ETF by 30.3% during the third quarter. GEM Asset Management LLC now owns 138,954 shares of the company’s stock valued at $4,724,000 after purchasing an additional 32,300 shares during the period. EP Wealth Advisors LLC boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 0.3% in the second quarter. EP Wealth Advisors LLC now owns 994,264 shares of the company’s stock worth $32,055,000 after purchasing an additional 2,733 shares during the last quarter. One Degree Advisors Inc grew its position in Dimensional U.S. Core Equity 2 ETF by 4.3% in the 3rd quarter. One Degree Advisors Inc now owns 1,237,047 shares of the company’s stock worth $42,294,000 after purchasing an additional 50,587 shares during the period. Finally, Global Wealth Strategies & Associates raised its stake in Dimensional U.S. Core Equity 2 ETF by 17.1% during the 3rd quarter. Global Wealth Strategies & Associates now owns 2,784 shares of the company’s stock valued at $95,000 after buying an additional 406 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

Shares of NYSEARCA:DFAC opened at $35.84 on Wednesday. The stock’s 50-day simple moving average is $35.48 and its two-hundred day simple moving average is $34.28. The stock has a market capitalization of $31.07 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.