Modern Wealth Management LLC Takes $2.53 Million Position in Dimensional U.S. Small Cap ETF $DFAS

Modern Wealth Management LLC bought a new position in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 42,355 shares of the company’s stock, valued at approximately $2,531,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DFAS. Northern Trust Corp boosted its position in shares of Dimensional U.S. Small Cap ETF by 6.0% during the 1st quarter. Northern Trust Corp now owns 7,974,617 shares of the company’s stock valued at $476,483,000 after purchasing an additional 453,209 shares in the last quarter. Pure Financial Advisors LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 3.4% in the first quarter. Pure Financial Advisors LLC now owns 2,658,922 shares of the company’s stock valued at $158,871,000 after buying an additional 87,766 shares in the last quarter. TCI Wealth Advisors Inc. increased its holdings in shares of Dimensional U.S. Small Cap ETF by 2.5% in the first quarter. TCI Wealth Advisors Inc. now owns 2,462,758 shares of the company’s stock valued at $147,150,000 after buying an additional 60,210 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Dimensional U.S. Small Cap ETF by 4.9% in the first quarter. Envestnet Asset Management Inc. now owns 2,447,086 shares of the company’s stock valued at $146,213,000 after buying an additional 113,611 shares in the last quarter. Finally, Financial Counselors Inc. increased its holdings in shares of Dimensional U.S. Small Cap ETF by 5.9% in the first quarter. Financial Counselors Inc. now owns 1,822,806 shares of the company’s stock valued at $108,913,000 after buying an additional 101,736 shares in the last quarter.

Dimensional U.S. Small Cap ETF Stock Performance

NYSEARCA DFAS opened at $68.55 on Friday. The stock has a market capitalization of $11.12 billion, a P/E ratio of 15.89 and a beta of 0.97. Dimensional U.S. Small Cap ETF has a 1 year low of $51.45 and a 1 year high of $71.78. The business’s fifty day moving average is $66.42 and its two-hundred day moving average is $62.44.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.