Prudential Financial Inc. Has $2.88 Billion Stock Position in Dimensional U.S. Equity ETF $DFUS

Prudential Financial Inc. grew its holdings in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 6.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,111,138 shares of the company’s stock after purchasing an additional 2,543,644 shares during the period. Dimensional U.S. Equity ETF makes up about 3.7% of Prudential Financial Inc.’s holdings, making the stock its 5th biggest position. Prudential Financial Inc. owned about 19.44% of Dimensional U.S. Equity ETF worth $2,880,797,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Avantax Advisory Services Inc. lifted its position in shares of Dimensional U.S. Equity ETF by 10.0% during the first quarter. Avantax Advisory Services Inc. now owns 76,791 shares of the company’s stock worth $4,644,000 after acquiring an additional 6,972 shares in the last quarter. Allium Financial Advisors LLC purchased a new stake in Dimensional U.S. Equity ETF during the 1st quarter worth about $1,890,000. AG Asset Advisory LLC grew its holdings in Dimensional U.S. Equity ETF by 1.1% during the 1st quarter. AG Asset Advisory LLC now owns 448,255 shares of the company’s stock valued at $27,111,000 after buying an additional 4,852 shares in the last quarter. LPL Financial LLC grew its holdings 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 buying an additional 1,188,511 shares in the last quarter. Finally, Nemes Rush Group LLC bought a new stake in shares of Dimensional U.S. Equity ETF during the first quarter valued at about $40,000.

Dimensional U.S. Equity ETF Trading Up 1.1%

DFUS stock opened at $71.47 on Friday. The firm has a 50 day moving average of $72.76 and a 200-day moving average of $69.08. The firm has a market capitalization of $17.37 billion, a P/E ratio of 24.45 and a beta of 1.01. Dimensional U.S. Equity ETF has a 12 month low of $52.10 and a 12 month high of $74.93.

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.