Phillips Financial Management LLC Sells 25,944 Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Phillips Financial Management LLC trimmed its holdings in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 3.0% during the third quarter, HoldingsChannel reports. The fund owned 825,711 shares of the company’s stock after selling 25,944 shares during the quarter. Dimensional U.S. Core Equity 2 ETF comprises 2.2% of Phillips Financial Management LLC’s holdings, making the stock its 13th largest position. Phillips Financial Management LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $28,314,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 53,433,075 shares of the company’s stock worth $1,722,682,000 after acquiring an additional 1,598,446 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Dimensional U.S. Core Equity 2 ETF by 5.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 47,667,442 shares of the company’s stock worth $1,476,782,000 after purchasing an additional 2,612,418 shares in the last quarter. Forum Financial Management LP lifted its stake in Dimensional U.S. Core Equity 2 ETF by 0.7% in the third quarter. Forum Financial Management LP now owns 37,580,449 shares of the company’s stock valued at $1,288,634,000 after buying an additional 250,182 shares during the period. LPL Financial LLC boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% during the 2nd quarter. LPL Financial LLC now owns 17,656,203 shares of the company’s stock worth $569,236,000 after buying an additional 239,260 shares in the last quarter. Finally, Savant Capital LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 82.7% during the 2nd quarter. Savant Capital LLC now owns 9,757,567 shares of the company’s stock worth $314,584,000 after buying an additional 4,416,364 shares during the period.

Dimensional U.S. Core Equity 2 ETF Price Performance

DFAC stock opened at $35.20 on Monday. The company’s 50-day moving average is $34.42 and its 200-day moving average is $33.12. The stock has a market capitalization of $30.51 billion, a PE ratio of 19.03 and a beta of 1.00. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $26.96 and a 1 year high of $36.19.

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.