Dimensional U.S. Core Equity 2 ETF $DFAC Shares Sold by MLG Wealth Management DBA Pine Grove Financial Group

MLG Wealth Management DBA Pine Grove Financial Group reduced its position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 4.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 512,692 shares of the company’s stock after selling 26,565 shares during the period. Dimensional U.S. Core Equity 2 ETF comprises 2.3% of MLG Wealth Management DBA Pine Grove Financial Group’s investment portfolio, making the stock its 11th biggest position. MLG Wealth Management DBA Pine Grove Financial Group’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $22,743,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DFAC. TOP Private Wealth LLC. purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the second quarter worth $30,000. Turning Point Benefit Group Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter valued at $31,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 4th quarter worth $32,000. Quattro Advisors LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 4th quarter worth $34,000. Finally, Longview Financial Advisors Inc. purchased a new stake in shares of Dimensional U.S. Core Equity 2 ETF in the 1st quarter worth about $34,000.

Dimensional U.S. Core Equity 2 ETF Stock Performance

Shares of NYSEARCA DFAC opened at $45.72 on Tuesday. The company’s 50-day moving average price is $45.03 and its 200 day moving average price is $42.94. Dimensional U.S. Core Equity 2 ETF has a 52 week low of $36.67 and a 52 week high of $46.35. The stock has a market cap of $49.20 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98.

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.