Founders Financial Securities LLC Boosts Stake in Dimensional Emerging Core Equity Market ETF $DFAE

Founders Financial Securities LLC increased its stake in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 3.7% in the first quarter, Holdings Channel reports. The firm owned 1,396,774 shares of the company’s stock after buying an additional 50,107 shares during the quarter. Dimensional Emerging Core Equity Market ETF accounts for approximately 3.0% of Founders Financial Securities LLC’s holdings, making the stock its 4th biggest holding. Founders Financial Securities LLC’s holdings in Dimensional Emerging Core Equity Market ETF were worth $50,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Nalls Sherbakoff Group LLC acquired a new position in Dimensional Emerging Core Equity Market ETF in the fourth quarter valued at about $26,000. Fifth Third Bancorp bought a new position in Dimensional Emerging Core Equity Market ETF during the third quarter worth about $27,000. IMG Wealth Management Inc. acquired a new position in shares of Dimensional Emerging Core Equity Market ETF during the 4th quarter worth about $28,000. UMB Bank n.a. acquired a new position in shares of Dimensional Emerging Core Equity Market ETF during the 4th quarter worth about $29,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Dimensional Emerging Core Equity Market ETF in the 3rd quarter valued at about $42,000.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of NYSEARCA:DFAE opened at $41.73 on Friday. The company has a market capitalization of $9.90 billion, a price-to-earnings ratio of 14.98 and a beta of 0.71. The firm’s 50 day simple moving average is $39.01 and its 200 day simple moving average is $35.90. Dimensional Emerging Core Equity Market ETF has a fifty-two week low of $27.90 and a fifty-two week high of $41.86.

About Dimensional Emerging Core Equity Market ETF

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.