Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Stake Boosted by FMB Wealth Management

FMB Wealth Management lifted its stake in Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) by 19.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 371,926 shares of the company’s stock after purchasing an additional 60,059 shares during the quarter. Dimensional World ex U.S. Core Equity 2 ETF comprises about 5.4% of FMB Wealth Management’s portfolio, making the stock its 5th largest holding. FMB Wealth Management owned about 0.13% of Dimensional World ex U.S. Core Equity 2 ETF worth $9,744,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in DFAX. Smartleaf Asset Management LLC increased its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 1,006.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,237 shares of the company’s stock worth $105,000 after buying an additional 3,854 shares during the period. Bank of Montreal Can raised its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 868.9% during the 4th quarter. Bank of Montreal Can now owns 4,079 shares of the company’s stock worth $101,000 after buying an additional 3,658 shares during the period. Avantax Advisory Services Inc. raised its position in Dimensional World ex U.S. Core Equity 2 ETF by 56.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 22,948 shares of the company’s stock worth $570,000 after acquiring an additional 8,241 shares during the period. Sanctuary Advisors LLC purchased a new position in Dimensional World ex U.S. Core Equity 2 ETF in the 4th quarter valued at about $492,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF in the fourth quarter valued at approximately $404,000.

Dimensional World ex U.S. Core Equity 2 ETF Stock Up 0.2%

Shares of NYSEARCA DFAX opened at $29.20 on Thursday. The firm has a 50-day simple moving average of $27.15 and a 200-day simple moving average of $26.25. The stock has a market capitalization of $8.54 billion, a price-to-earnings ratio of 13.58 and a beta of 0.76. Dimensional World ex U.S. Core Equity 2 ETF has a 52 week low of $23.16 and a 52 week high of $29.29.

About Dimensional World ex U.S. Core Equity 2 ETF

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.