Summit Wealth Group LLC Sells 38,609 Shares of Dimensional U.S. Core Equity 2 ETF $DFAC

Summit Wealth Group LLC decreased its position in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 8.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 400,473 shares of the company’s stock after selling 38,609 shares during the quarter. Dimensional U.S. Core Equity 2 ETF accounts for about 3.7% of Summit Wealth Group LLC’s holdings, making the stock its 7th biggest holding. Summit Wealth Group LLC’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $15,446,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Wealthcare Capital Partners LLC lifted its position in Dimensional U.S. Core Equity 2 ETF by 3.8% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 8,131 shares of the company’s stock valued at $291,000 after purchasing an additional 295 shares during the last quarter. Capital Investment Advisors LLC grew its position in Dimensional U.S. Core Equity 2 ETF by 2.7% in the 2nd quarter. Capital Investment Advisors LLC now owns 11,304 shares of the company’s stock worth $405,000 after purchasing an additional 301 shares during the last quarter. Partners in Financial Planning increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.5% in the second quarter. Partners in Financial Planning now owns 21,001 shares of the company’s stock valued at $753,000 after purchasing an additional 316 shares during the period. Confluence Wealth Services Inc. increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% in the second quarter. Confluence Wealth Services Inc. now owns 23,383 shares of the company’s stock valued at $838,000 after purchasing an additional 325 shares during the period. Finally, Meredith Wealth Planning raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% during the third quarter. Meredith Wealth Planning now owns 23,912 shares of the company’s stock valued at $922,000 after buying an additional 332 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.4%

Shares of NYSEARCA DFAC opened at $40.44 on Friday. Dimensional U.S. Core Equity 2 ETF has a 12-month low of $28.39 and a 12-month high of $40.52. The company has a market cap of $41.10 billion, a PE ratio of 20.75 and a beta of 1.00. The stock has a 50 day simple moving average of $39.35 and a 200-day simple moving average of $38.15.

About Dimensional U.S. Core Equity 2 ETF

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.