Dimensional U.S. Small Cap ETF $DFAS Shares Sold by Focus Partners Wealth

Focus Partners Wealth cut its stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 1.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 2,678,647 shares of the company’s stock after selling 31,483 shares during the quarter. Focus Partners Wealth’s holdings in Dimensional U.S. Small Cap ETF were worth $160,049,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in DFAS. Hughes Financial Services LLC purchased a new position in Dimensional U.S. Small Cap ETF in the first quarter valued at about $30,000. 10Elms LLP purchased a new position in Dimensional U.S. Small Cap ETF in the fourth quarter valued at about $36,000. Golden State Wealth Management LLC purchased a new position in Dimensional U.S. Small Cap ETF in the first quarter valued at about $44,000. Redmont Wealth Advisors LLC purchased a new position in Dimensional U.S. Small Cap ETF in the first quarter valued at about $46,000. Finally, NBC Securities Inc. purchased a new position in Dimensional U.S. Small Cap ETF in the first quarter valued at about $54,000.

Dimensional U.S. Small Cap ETF Price Performance

Shares of DFAS opened at $68.27 on Wednesday. The firm has a 50 day simple moving average of $66.23 and a 200-day simple moving average of $62.33. Dimensional U.S. Small Cap ETF has a 1-year low of $51.45 and a 1-year high of $71.78. The stock has a market cap of $11.07 billion, a price-to-earnings ratio of 15.89 and a beta of 0.97.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.