PBMares Wealth Management LLC Raises Stake in Dimensional International Core Equity Market ETF $DFAI

PBMares Wealth Management LLC lifted its stake in shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) by 6.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 773,507 shares of the company’s stock after buying an additional 44,329 shares during the quarter. Dimensional International Core Equity Market ETF comprises about 4.6% of PBMares Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. PBMares Wealth Management LLC’s holdings in Dimensional International Core Equity Market ETF were worth $28,117,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. bought a new position in Dimensional International Core Equity Market ETF in the 2nd quarter valued at about $29,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Dimensional International Core Equity Market ETF during the third quarter worth approximately $44,000. Bellevue Asset Management LLC acquired a new position in shares of Dimensional International Core Equity Market ETF in the second quarter valued at approximately $46,000. Bessemer Group Inc. bought a new position in shares of Dimensional International Core Equity Market ETF during the second quarter worth approximately $46,000. Finally, Fortitude Family Office LLC increased its stake in shares of Dimensional International Core Equity Market ETF by 949.1% during the second quarter. Fortitude Family Office LLC now owns 1,815 shares of the company’s stock worth $63,000 after purchasing an additional 1,642 shares during the period.

Dimensional International Core Equity Market ETF Trading Up 0.7%

NYSEARCA:DFAI opened at $39.47 on Tuesday. The stock has a 50 day simple moving average of $37.58 and a 200 day simple moving average of $36.35. The stock has a market cap of $13.33 billion, a P/E ratio of 15.89 and a beta of 0.78. Dimensional International Core Equity Market ETF has a 1-year low of $27.67 and a 1-year high of $39.47.

Dimensional International Core Equity Market ETF Company Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.