Riverchase Wealth Management LLC Makes New $1.51 Million Investment in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)

Riverchase Wealth Management LLC bought a new position in shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 37,304 shares of the company’s stock, valued at approximately $1,510,000. Dimensional US Core Equity Market ETF makes up about 1.1% of Riverchase Wealth Management LLC’s holdings, making the stock its 18th biggest position.

Other institutional investors also recently modified their holdings of the company. FMR LLC raised its stake in Dimensional US Core Equity Market ETF by 96,900.0% in the 3rd quarter. FMR LLC now owns 970 shares of the company’s stock worth $38,000 after purchasing an additional 969 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of Dimensional US Core Equity Market ETF during the fourth quarter worth approximately $39,000. Principal Securities Inc. raised its position in shares of Dimensional US Core Equity Market ETF by 203.6% in the fourth quarter. Principal Securities Inc. now owns 1,108 shares of the company’s stock valued at $45,000 after buying an additional 743 shares in the last quarter. Arlington Trust Co LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the fourth quarter valued at approximately $56,000. Finally, Global Retirement Partners LLC grew its position in Dimensional US Core Equity Market ETF by 96.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,629 shares of the company’s stock worth $66,000 after buying an additional 799 shares in the last quarter.

Dimensional US Core Equity Market ETF Stock Performance

DFAU opened at $39.02 on Friday. The business’s fifty day moving average is $40.68 and its 200-day moving average is $40.57. The firm has a market cap of $7.23 billion, a P/E ratio of 23.12 and a beta of 1.01. Dimensional US Core Equity Market ETF has a 52-week low of $34.42 and a 52-week high of $42.42.

Dimensional US Core Equity Market ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.09 dividend. The ex-dividend date was Tuesday, March 25th.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.