JP Wealth Management Inc. Invests $29.02 Million in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

JP Wealth Management Inc. acquired a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 838,892 shares of the company’s stock, valued at approximately $29,017,000. Dimensional U.S. Core Equity 2 ETF makes up about 21.2% of JP Wealth Management Inc.’s holdings, making the stock its biggest position. JP Wealth Management Inc. owned 0.10% of Dimensional U.S. Core Equity 2 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Dimensional U.S. Core Equity 2 ETF Trading Down 2.4 %

Shares of NYSEARCA DFAC opened at $35.10 on Monday. The company’s 50-day moving average price is $35.52 and its 200 day moving average price is $34.44. Dimensional U.S. Core Equity 2 ETF has a 52 week low of $29.24 and a 52 week high of $36.66. The stock has a market cap of $30.42 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00.

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.