Edge Financial Advisors LLC Makes New Investment in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Edge Financial Advisors LLC bought a new position in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) in the first quarter, Holdings Channel reports. The firm bought 73,284 shares of the company’s stock, valued at approximately $1,897,000. Dimensional Emerging Core Equity Market ETF makes up about 1.2% of Edge Financial Advisors LLC’s investment portfolio, making the stock its 17th largest position.

A number of other large investors have also bought and sold shares of DFAE. Pure Portfolios Holdings LLC boosted its stake in Dimensional Emerging Core Equity Market ETF by 7.0% during the fourth quarter. Pure Portfolios Holdings LLC now owns 166,745 shares of the company’s stock valued at $4,230,000 after buying an additional 10,871 shares during the period. LPL Financial LLC boosted its stake in Dimensional Emerging Core Equity Market ETF by 19.6% during the fourth quarter. LPL Financial LLC now owns 371,249 shares of the company’s stock valued at $9,419,000 after buying an additional 60,937 shares during the period. Assetmark Inc. boosted its stake in Dimensional Emerging Core Equity Market ETF by 550.5% during the fourth quarter. Assetmark Inc. now owns 1,945 shares of the company’s stock valued at $49,000 after buying an additional 1,646 shares during the period. PNC Financial Services Group Inc. bought a new stake in Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at $150,000. Finally, JPMorgan Chase & Co. boosted its stake in Dimensional Emerging Core Equity Market ETF by 28.3% during the fourth quarter. JPMorgan Chase & Co. now owns 285,207 shares of the company’s stock valued at $7,236,000 after buying an additional 62,916 shares during the period.

Dimensional Emerging Core Equity Market ETF Stock Performance

NYSEARCA:DFAE opened at $28.56 on Tuesday. The firm has a market capitalization of $5.94 billion, a price-to-earnings ratio of 13.24 and a beta of 0.62. Dimensional Emerging Core Equity Market ETF has a 52-week low of $22.68 and a 52-week high of $28.74. The stock has a fifty day moving average of $26.73 and a 200 day moving average of $26.14.

About Dimensional Emerging Core Equity Market ETF

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.