Sovereign Financial Group Inc. Takes Position in Dimensional U.S. Core Equity 2 ETF $DFAC

Sovereign Financial Group Inc. acquired a new stake in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,389 shares of the company’s stock, valued at approximately $408,000.

A number of other hedge funds also recently made changes to their positions in the business. Focus Partners Wealth lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 6.5% in the first quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock valued at $1,330,043,000 after buying an additional 2,458,453 shares during the last quarter. Forum Financial Management LP lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 0.6% in the first quarter. Forum Financial Management LP now owns 37,796,124 shares of the company’s stock valued at $1,246,894,000 after buying an additional 220,622 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 1.8% in the first quarter. Focus Partners Advisor Solutions LLC now owns 16,373,873 shares of the company’s stock valued at $540,174,000 after buying an additional 283,721 shares during the last quarter. Apella Capital LLC lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 8.2% in the second quarter. Apella Capital LLC now owns 12,781,699 shares of the company’s stock valued at $462,825,000 after buying an additional 969,442 shares during the last quarter. Finally, Plancorp LLC lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 1.6% in the second quarter. Plancorp LLC now owns 10,742,511 shares of the company’s stock valued at $385,012,000 after buying an additional 173,627 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Down 2.7%

DFAC opened at $37.61 on Monday. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $28.39 and a 12-month high of $39.01. The stock has a market cap of $37.42 billion, a price-to-earnings ratio of 20.75 and a beta of 0.96. The business has a 50 day moving average of $37.90 and a 200-day moving average of $35.42.

Dimensional U.S. Core Equity 2 ETF Company Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.