VeraBank N.A. Cuts Stock Holdings in Dimensional Emerging Markets Core Equity 2 ETF $DFEM

VeraBank N.A. cut its stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 11.4% in the 2nd quarter, Holdings Channel reports. The fund owned 92,568 shares of the company’s stock after selling 11,892 shares during the quarter. Dimensional Emerging Markets Core Equity 2 ETF comprises about 0.6% of VeraBank N.A.’s holdings, making the stock its 29th largest position. VeraBank N.A.’s holdings in Dimensional Emerging Markets Core Equity 2 ETF were worth $2,747,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in DFEM. Brown Advisory Inc. lifted its position in Dimensional Emerging Markets Core Equity 2 ETF by 44.5% in the 1st quarter. Brown Advisory Inc. now owns 43,666 shares of the company’s stock worth $1,155,000 after buying an additional 13,440 shares during the last quarter. Blossom Wealth Management grew its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 4.6% during the 2nd quarter. Blossom Wealth Management now owns 20,878 shares of the company’s stock valued at $620,000 after purchasing an additional 922 shares during the last quarter. Sterling Wealth Advisors Inc grew its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 3.5% during the 2nd quarter. Sterling Wealth Advisors Inc now owns 28,307 shares of the company’s stock valued at $844,000 after purchasing an additional 960 shares during the last quarter. XY Planning Network Inc. raised its position in Dimensional Emerging Markets Core Equity 2 ETF by 2.4% in the 2nd quarter. XY Planning Network Inc. now owns 107,424 shares of the company’s stock worth $3,188,000 after purchasing an additional 2,536 shares during the period. Finally, Truist Financial Corp lifted its stake in Dimensional Emerging Markets Core Equity 2 ETF by 0.7% in the second quarter. Truist Financial Corp now owns 182,266 shares of the company’s stock worth $5,410,000 after purchasing an additional 1,197 shares during the last quarter.

Dimensional Emerging Markets Core Equity 2 ETF Trading Up 1.7%

Shares of NYSEARCA:DFEM opened at $33.28 on Tuesday. The stock has a market capitalization of $6.67 billion, a P/E ratio of 14.02 and a beta of 0.71. The stock’s 50-day moving average price is $32.33 and its 200-day moving average price is $30.37. Dimensional Emerging Markets Core Equity 2 ETF has a 12-month low of $23.08 and a 12-month high of $33.60.

Dimensional Emerging Markets Core Equity 2 ETF Company Profile

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.