Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Stake Cut by MAI Capital Management

MAI Capital Management trimmed its holdings in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 2.4% during the third quarter, Holdings Channel reports. The firm owned 228,130 shares of the company’s stock after selling 5,683 shares during the quarter. MAI Capital Management’s holdings in Dimensional Emerging Core Equity Market ETF were worth $6,253,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of DFAE. Mather Group LLC. raised its stake in Dimensional Emerging Core Equity Market ETF by 1,171.1% during the third quarter. Mather Group LLC. now owns 6,135,344 shares of the company’s stock worth $168,170,000 after acquiring an additional 5,652,649 shares during the period. Foster Group Inc. raised its position in shares of Dimensional Emerging Core Equity Market ETF by 0.6% during the 3rd quarter. Foster Group Inc. now owns 3,496,907 shares of the company’s stock worth $95,850,000 after purchasing an additional 21,494 shares during the period. Factory Mutual Insurance Co. lifted its holdings in shares of Dimensional Emerging Core Equity Market ETF by 127.5% in the 3rd quarter. Factory Mutual Insurance Co. now owns 3,086,900 shares of the company’s stock worth $84,612,000 after purchasing an additional 1,729,800 shares during the last quarter. Private Ocean LLC boosted its position in Dimensional Emerging Core Equity Market ETF by 5.2% during the 2nd quarter. Private Ocean LLC now owns 2,172,254 shares of the company’s stock valued at $56,196,000 after purchasing an additional 107,995 shares during the period. Finally, Creative Planning grew its stake in Dimensional Emerging Core Equity Market ETF by 5.5% during the 2nd quarter. Creative Planning now owns 1,741,134 shares of the company’s stock worth $45,043,000 after buying an additional 91,012 shares during the last quarter.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of NYSEARCA DFAE opened at $25.87 on Tuesday. Dimensional Emerging Core Equity Market ETF has a 1-year low of $22.63 and a 1-year high of $28.19. The firm has a market capitalization of $4.02 billion, a PE ratio of 11.33 and a beta of 0.85. The business’s fifty day moving average price is $26.76 and its two-hundred day moving average price is $26.19.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.