HighTower Advisors LLC Cuts Stock Position in Dimensional Emerging Core Equity Market ETF $DFAE

HighTower Advisors LLC cut its holdings in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,021,112 shares of the company’s stock after selling 101,615 shares during the quarter. HighTower Advisors LLC owned 0.87% of Dimensional Emerging Core Equity Market ETF worth $65,828,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DFAE. Coldstream Capital Management Inc. increased its stake in Dimensional Emerging Core Equity Market ETF by 75.2% during the third quarter. Coldstream Capital Management Inc. now owns 4,487,825 shares of the company’s stock worth $141,501,000 after acquiring an additional 1,926,695 shares during the last quarter. Bank of America Corp DE increased its stake in Dimensional Emerging Core Equity Market ETF by 13.6% during the third quarter. Bank of America Corp DE now owns 5,763,021 shares of the company’s stock worth $181,708,000 after acquiring an additional 688,036 shares during the last quarter. Vise Technologies Inc. bought a new stake in Dimensional Emerging Core Equity Market ETF during the third quarter worth approximately $21,420,000. Moneta Group Investment Advisors LLC bought a new stake in Dimensional Emerging Core Equity Market ETF during the third quarter worth approximately $19,684,000. Finally, Horizon Investments LLC increased its stake in Dimensional Emerging Core Equity Market ETF by 78.0% during the fourth quarter. Horizon Investments LLC now owns 1,340,917 shares of the company’s stock worth $43,674,000 after acquiring an additional 587,678 shares during the last quarter.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of NYSEARCA DFAE opened at $38.75 on Thursday. The business’s 50 day moving average is $36.34 and its two-hundred day moving average is $34.69. Dimensional Emerging Core Equity Market ETF has a 1-year low of $27.10 and a 1-year high of $40.32. The stock has a market capitalization of $9.20 billion, a P/E ratio of 14.98 and a beta of 0.70.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) 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. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.