Kane Co Wealth Management Inc. Invests $19.14 Million in Dimensional U.S. Core Equity 2 ETF $DFAC

Kane Co Wealth Management Inc. acquired a new position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 483,347 shares of the company’s stock, valued at approximately $19,136,000. Dimensional U.S. Core Equity 2 ETF makes up 16.9% of Kane Co Wealth Management Inc.’s holdings, making the stock its largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 8.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock worth $2,361,716,000 after buying an additional 4,669,622 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 3.8% in the 3rd quarter. Focus Partners Wealth now owns 42,523,921 shares of the company’s stock worth $1,640,206,000 after buying an additional 1,553,996 shares in the last quarter. Forum Financial Management LP raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 2.6% in the 4th quarter. Forum Financial Management LP now owns 41,068,700 shares of the company’s stock worth $1,625,910,000 after buying an additional 1,029,990 shares in the last quarter. Apella Capital LLC raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 2.9% in the 4th quarter. Apella Capital LLC now owns 13,914,954 shares of the company’s stock worth $550,893,000 after buying an additional 394,315 shares in the last quarter. Finally, Rockwood Wealth Management LLC raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.2% in the 4th quarter. Rockwood Wealth Management LLC now owns 11,598,734 shares of the company’s stock worth $459,194,000 after buying an additional 576,648 shares in the last quarter.

Dimensional U.S. Core Equity 2 ETF Stock Performance

DFAC opened at $42.98 on Monday. Dimensional U.S. Core Equity 2 ETF has a one year low of $33.43 and a one year high of $43.63. The stock’s fifty day moving average is $40.73 and its 200-day moving average is $40.24. The company has a market capitalization of $45.07 billion, a PE 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.