Magnolia Private Wealth LLC Sells 198,906 Shares of Dimensional U.S. Equity ETF $DFUS

Magnolia Private Wealth LLC lessened its holdings in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 95.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,918 shares of the company’s stock after selling 198,906 shares during the quarter. Magnolia Private Wealth LLC’s holdings in Dimensional U.S. Equity ETF were worth $665,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Maseco LLP bought a new position in Dimensional U.S. Equity ETF in the 2nd quarter valued at approximately $529,336,000. LPL Financial LLC increased its position in Dimensional U.S. Equity ETF by 49.1% during the 1st quarter. LPL Financial LLC now owns 3,610,103 shares of the company’s stock valued at $218,339,000 after purchasing an additional 1,188,511 shares during the period. Sax Wealth Advisors LLC increased its position in Dimensional U.S. Equity ETF by 4.0% during the 1st quarter. Sax Wealth Advisors LLC now owns 3,399,048 shares of the company’s stock valued at $205,574,000 after purchasing an additional 129,235 shares during the period. Root Financial Partners LLC increased its position in Dimensional U.S. Equity ETF by 24.9% during the 1st quarter. Root Financial Partners LLC now owns 2,893,839 shares of the company’s stock valued at $175,121,000 after purchasing an additional 577,114 shares during the period. Finally, TCI Wealth Advisors Inc. increased its position in Dimensional U.S. Equity ETF by 10.0% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 2,730,367 shares of the company’s stock valued at $182,989,000 after purchasing an additional 247,713 shares during the period.

Dimensional U.S. Equity ETF Stock Performance

NYSEARCA:DFUS opened at $72.44 on Wednesday. The company has a market capitalization of $16.81 billion, a PE ratio of 24.45 and a beta of 0.99. The company has a 50 day simple moving average of $70.26 and a two-hundred day simple moving average of $65.33. Dimensional U.S. Equity ETF has a fifty-two week low of $52.10 and a fifty-two week high of $72.89.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.