Phillips Financial Management LLC Purchases 32,750 Shares of Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Phillips Financial Management LLC increased its stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 3.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,115,676 shares of the company’s stock after acquiring an additional 32,750 shares during the quarter. Dimensional Emerging Markets Core Equity 2 ETF comprises 2.4% of Phillips Financial Management LLC’s holdings, making the stock its 13th largest holding. Phillips Financial Management LLC owned about 0.59% of Dimensional Emerging Markets Core Equity 2 ETF worth $33,113,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the first quarter. Comerica Bank now owns 945 shares of the company’s stock worth $25,000 after acquiring an additional 696 shares during the period. Pinnacle Bancorp Inc. acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the second quarter worth approximately $30,000. AlphaCore Capital LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the first quarter worth approximately $37,000. Salomon & Ludwin LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the first quarter worth approximately $47,000. Finally, Keystone Financial Group Inc. lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 76.5% in the first quarter. Keystone Financial Group Inc. now owns 2,645 shares of the company’s stock worth $73,000 after acquiring an additional 1,146 shares during the period.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

Shares of DFEM opened at $32.56 on Wednesday. Dimensional Emerging Markets Core Equity 2 ETF has a 52-week low of $23.08 and a 52-week high of $32.90. The business’s 50 day moving average price is $31.73 and its two-hundred day moving average price is $29.53. The firm has a market cap of $6.48 billion, a PE ratio of 14.02 and a beta of 0.87.

About Dimensional Emerging Markets Core Equity 2 ETF

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) 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. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.