Drive Wealth Management LLC Sells 2,509 Shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE)

Drive Wealth Management LLC lowered its holdings in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 17.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,769 shares of the company’s stock after selling 2,509 shares during the quarter. Drive Wealth Management LLC’s holdings in Dimensional Emerging Core Equity Market ETF were worth $299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. FMR LLC increased its stake in Dimensional Emerging Core Equity Market ETF by 32.1% in the third quarter. FMR LLC now owns 9,759,474 shares of the company’s stock valued at $267,507,000 after acquiring an additional 2,373,066 shares during the period. Mather Group LLC. increased its stake in Dimensional Emerging Core Equity Market ETF by 1,171.1% in the third quarter. Mather Group LLC. now owns 6,135,344 shares of the company’s stock valued at $168,170,000 after acquiring an additional 5,652,649 shares during the period. Foster Group Inc. increased its stake in Dimensional Emerging Core Equity Market ETF by 0.6% in the third quarter. Foster Group Inc. now owns 3,496,907 shares of the company’s stock valued at $95,850,000 after acquiring an additional 21,494 shares during the period. Factory Mutual Insurance Co. increased its stake in Dimensional Emerging Core Equity Market ETF by 127.5% in the third quarter. Factory Mutual Insurance Co. now owns 3,086,900 shares of the company’s stock valued at $84,612,000 after acquiring an additional 1,729,800 shares during the period. Finally, Creative Planning increased its stake in Dimensional Emerging Core Equity Market ETF by 5.5% in the second quarter. Creative Planning now owns 1,741,134 shares of the company’s stock valued at $45,043,000 after acquiring an additional 91,012 shares during the period.

Dimensional Emerging Core Equity Market ETF Stock Down 1.8 %

NYSEARCA DFAE opened at $25.37 on Tuesday. The stock has a market cap of $3.94 billion, a P/E ratio of 11.33 and a beta of 0.85. The company’s 50-day simple moving average is $25.70 and its 200 day simple moving average is $26.13. Dimensional Emerging Core Equity Market ETF has a twelve month low of $23.14 and a twelve month high of $28.19.

Dimensional Emerging Core Equity Market ETF Profile

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.