Sowell Financial Services LLC Has $5.53 Million Position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

Sowell Financial Services LLC cut its stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 86.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,902 shares of the company’s stock after selling 984,968 shares during the quarter. Sowell Financial Services LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $5,531,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Retirement Solution LLC grew its holdings in Dimensional U.S. Core Equity 2 ETF by 8.5% during the fourth quarter. Retirement Solution LLC now owns 428,747 shares of the company’s stock valued at $14,830,000 after purchasing an additional 33,719 shares during the period. Axis Wealth Partners LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $1,317,000. Pillar Financial Advisors LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF during the fourth quarter worth $298,000. Rialto Wealth Management LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 4th quarter valued at $978,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 10.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 27,494 shares of the company’s stock valued at $951,000 after buying an additional 2,664 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.6 %

NYSEARCA:DFAC opened at $33.89 on Friday. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $29.99 and a 1 year high of $36.66. The stock has a 50-day moving average price of $35.23 and a two-hundred day moving average price of $34.89. The stock has a market cap of $32.08 billion, a price-to-earnings ratio of 22.19 and a beta of 1.01.

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.