Financial Management Professionals Inc. Acquires 107,963 Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)

Financial Management Professionals Inc. raised its holdings in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) by 8.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,415,358 shares of the company’s stock after buying an additional 107,963 shares during the period. Dimensional International Core Equity Market ETF comprises about 5.6% of Financial Management Professionals Inc.’s holdings, making the stock its 4th largest position. Financial Management Professionals Inc.’s holdings in Dimensional International Core Equity Market ETF were worth $44,980,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DFAI. Ashton Thomas Private Wealth LLC bought a new stake in Dimensional International Core Equity Market ETF during the second quarter worth $31,000. Global Trust Asset Management LLC grew its stake in shares of Dimensional International Core Equity Market ETF by 70.3% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,575 shares of the company’s stock worth $50,000 after acquiring an additional 650 shares in the last quarter. Olistico Wealth LLC purchased a new stake in shares of Dimensional International Core Equity Market ETF in the second quarter valued at about $59,000. CWM LLC lifted its position in shares of Dimensional International Core Equity Market ETF by 421.8% during the third quarter. CWM LLC now owns 1,967 shares of the company’s stock valued at $63,000 after purchasing an additional 1,590 shares in the last quarter. Finally, Kings Path Partners LLC bought a new position in shares of Dimensional International Core Equity Market ETF during the second quarter valued at about $100,000.

Dimensional International Core Equity Market ETF Stock Performance

Shares of DFAI stock opened at $30.41 on Friday. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 13.93 and a beta of 0.83. Dimensional International Core Equity Market ETF has a 52-week low of $24.83 and a 52-week high of $32.11. The company has a 50-day simple moving average of $31.18 and a two-hundred day simple moving average of $30.43.

Dimensional International Core Equity Market ETF Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.