Spinnaker Investment Group LLC Raises Holdings in Dimensional US Core Equity Market ETF $DFAU

Spinnaker Investment Group LLC increased its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 15.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,645,051 shares of the company’s stock after buying an additional 345,549 shares during the period. Dimensional US Core Equity Market ETF accounts for about 21.9% of Spinnaker Investment Group LLC’s holdings, making the stock its largest holding. Spinnaker Investment Group LLC’s holdings in Dimensional US Core Equity Market ETF were worth $136,723,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in shares of Dimensional US Core Equity Market ETF by 11.0% in the fourth quarter. Brighton Jones LLC now owns 989,254 shares of the company’s stock worth $40,055,000 after acquiring an additional 98,296 shares during the last quarter. Royal Bank of Canada raised its position in shares of Dimensional US Core Equity Market ETF by 4.7% in the 1st quarter. Royal Bank of Canada now owns 219,696 shares of the company’s stock worth $8,446,000 after purchasing an additional 9,918 shares during the last quarter. AQR Capital Management LLC boosted its stake in Dimensional US Core Equity Market ETF by 24.8% in the 1st quarter. AQR Capital Management LLC now owns 69,878 shares of the company’s stock worth $2,686,000 after purchasing an additional 13,895 shares in the last quarter. Jane Street Group LLC bought a new position in Dimensional US Core Equity Market ETF in the 1st quarter worth about $2,576,000. Finally, Cerity Partners LLC grew its position in Dimensional US Core Equity Market ETF by 3.1% during the 2nd quarter. Cerity Partners LLC now owns 168,580 shares of the company’s stock valued at $7,141,000 after purchasing an additional 5,140 shares during the last quarter.

Dimensional US Core Equity Market ETF Stock Performance

Shares of NYSEARCA DFAU opened at $53.51 on Tuesday. The firm’s 50 day moving average price is $51.70 and its 200-day moving average price is $49.33. Dimensional US Core Equity Market ETF has a 52-week low of $43.47 and a 52-week high of $53.76. The company has a market cap of $12.84 billion, a PE ratio of 23.25 and a beta of 1.00.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.