Ledyard National Bank Grows Stake in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Ledyard National Bank raised its holdings in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 15.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 922,884 shares of the company’s stock after purchasing an additional 126,091 shares during the period. Dimensional Emerging Core Equity Market ETF makes up about 2.2% of Ledyard National Bank’s investment portfolio, making the stock its 8th largest holding. Ledyard National Bank’s holdings in Dimensional Emerging Core Equity Market ETF were worth $23,414,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Mather Group LLC. boosted its holdings in Dimensional Emerging Core Equity Market ETF by 45.8% in the fourth quarter. Mather Group LLC. now owns 8,944,939 shares of the company’s stock worth $226,933,000 after purchasing an additional 2,809,595 shares during the last quarter. FMR LLC boosted its stake in shares of Dimensional Emerging Core Equity Market ETF by 32.1% in the 3rd quarter. FMR LLC now owns 9,759,474 shares of the company’s stock worth $267,507,000 after buying an additional 2,373,066 shares during the last quarter. Factory Mutual Insurance Co. boosted its stake 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 buying an additional 1,729,800 shares during the last quarter. BWM Planning LLC bought a new stake in shares of Dimensional Emerging Core Equity Market ETF in the third quarter worth $10,786,000. Finally, Kovitz Investment Group Partners LLC purchased a new stake in Dimensional Emerging Core Equity Market ETF during the third quarter valued at $7,535,000.

Dimensional Emerging Core Equity Market ETF Stock Performance

Shares of NYSEARCA:DFAE opened at $25.94 on Friday. Dimensional Emerging Core Equity Market ETF has a 52-week low of $23.44 and a 52-week high of $28.19. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 11.33 and a beta of 0.85. The stock’s 50-day simple moving average is $25.68 and its two-hundred day simple moving average is $26.09.

Dimensional Emerging Core Equity Market ETF Company Profile

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.