Drive Wealth Management LLC Cuts Position in Dimensional U.S. Equity ETF $DFUS

Drive Wealth Management LLC decreased its holdings in shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 27.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,081 shares of the company’s stock after selling 5,405 shares during the period. Drive Wealth Management LLC’s holdings in Dimensional U.S. Equity ETF were worth $944,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Delap Wealth Advisory LLC increased its position in Dimensional U.S. Equity ETF by 3.3% during the 2nd quarter. Delap Wealth Advisory LLC now owns 4,658 shares of the company’s stock valued at $312,000 after buying an additional 150 shares in the last quarter. Western Wealth Management LLC raised its position in shares of Dimensional U.S. Equity ETF by 1.3% in the 1st quarter. Western Wealth Management LLC now owns 16,214 shares of the company’s stock worth $981,000 after purchasing an additional 210 shares during the last quarter. LRI Investments LLC grew its position in Dimensional U.S. Equity ETF by 0.6% during the 2nd quarter. LRI Investments LLC now owns 40,882 shares of the company’s stock valued at $2,740,000 after purchasing an additional 227 shares during the last quarter. BCO Wealth Management LLC raised its holdings in Dimensional U.S. Equity ETF by 0.8% in the first quarter. BCO Wealth Management LLC now owns 30,167 shares of the company’s stock worth $1,825,000 after buying an additional 252 shares during the last quarter. Finally, Allegiance Financial Group Advisory Services LLC lifted its stake in shares of Dimensional U.S. Equity ETF by 1.1% in the first quarter. Allegiance Financial Group Advisory Services LLC now owns 27,189 shares of the company’s stock worth $1,644,000 after buying an additional 293 shares in the last quarter.

Dimensional U.S. Equity ETF Stock Up 0.5%

Shares of NYSEARCA DFUS opened at $72.20 on Monday. The firm has a market cap of $17.50 billion, a P/E ratio of 24.45 and a beta of 0.99. The company has a 50 day moving average of $71.25 and a 200 day moving average of $66.40. Dimensional U.S. Equity ETF has a twelve month low of $52.10 and a twelve month high of $73.30.

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.