Cornerstone Financial Group LLC NE Takes $9.57 Million Position in Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

Cornerstone Financial Group LLC NE acquired a new stake in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 150,187 shares of the company’s stock, valued at approximately $9,574,000. Dimensional U.S. Equity ETF accounts for about 9.4% of Cornerstone Financial Group LLC NE’s holdings, making the stock its biggest position.

Other hedge funds have also recently bought and sold shares of the company. Prudential Financial Inc. lifted its stake in Dimensional U.S. Equity ETF by 201.4% during the fourth quarter. Prudential Financial Inc. now owns 26,381,889 shares of the company’s stock valued at $1,684,747,000 after buying an additional 17,627,659 shares in the last quarter. Sax Wealth Advisors LLC lifted its stake in Dimensional U.S. Equity ETF by 1.7% in the 4th quarter. Sax Wealth Advisors LLC now owns 3,269,813 shares of the company’s stock worth $208,451,000 after acquiring an additional 54,532 shares in the last quarter. Great Waters Wealth Management lifted its position in shares of Dimensional U.S. Equity ETF by 12.1% in the fourth quarter. Great Waters Wealth Management now owns 2,511,066 shares of the company’s stock worth $160,080,000 after purchasing an additional 271,029 shares in the last quarter. LPL Financial LLC grew its position in Dimensional U.S. Equity ETF by 7.6% during the fourth quarter. LPL Financial LLC now owns 2,421,592 shares of the company’s stock valued at $154,376,000 after purchasing an additional 172,020 shares in the last quarter. Finally, Zhang Financial LLC grew its stake in Dimensional U.S. Equity ETF by 13.2% in the fourth quarter. Zhang Financial LLC now owns 2,369,405 shares of the company’s stock valued at $151,050,000 after purchasing an additional 275,379 shares in the last quarter.

Dimensional U.S. Equity ETF Price Performance

NYSEARCA DFUS opened at $60.52 on Wednesday. The stock’s 50-day moving average is $59.61 and its two-hundred day moving average is $63.06. Dimensional U.S. Equity ETF has a fifty-two week low of $52.10 and a fifty-two week high of $66.78. The firm has a market cap of $13.56 billion, a P/E ratio of 23.05 and a beta of 1.02.

Dimensional U.S. Equity ETF Company Profile

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.