David Wealth Management LLC Invests $11.52 Million in Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

David Wealth Management LLC bought a new stake in shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS) during the 4th quarter, HoldingsChannel reports. The firm bought 180,737 shares of the company’s stock, valued at approximately $11,522,000. Dimensional U.S. Equity ETF makes up 9.5% of David Wealth Management LLC’s portfolio, making the stock its 4th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ST Germain D J Co. Inc. purchased a new position in Dimensional U.S. Equity ETF in the 4th quarter valued at about $45,000. Crews Bank & Trust acquired a new stake in Dimensional U.S. Equity ETF during the 4th quarter valued at approximately $66,000. Fiduciary Advisors Inc. purchased a new stake in Dimensional U.S. Equity ETF during the 4th quarter worth approximately $68,000. Bristlecone Advisors LLC bought a new stake in shares of Dimensional U.S. Equity ETF in the third quarter worth $100,000. Finally, Truvestments Capital LLC acquired a new stake in Dimensional U.S. Equity ETF in the third quarter valued at $114,000.

Dimensional U.S. Equity ETF Price Performance

Shares of DFUS stock opened at $65.98 on Wednesday. The firm has a fifty day moving average of $65.19 and a two-hundred day moving average of $62.97. The firm has a market cap of $10.52 billion, a P/E ratio of 24.29 and a beta of 1.04. Dimensional U.S. Equity ETF has a 1-year low of $53.35 and a 1-year high of $66.61.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.