Independent Wealth Network Inc. Cuts Stake in Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX)

Independent Wealth Network Inc. lowered its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,510 shares of the company’s stock after selling 2,191 shares during the period. Independent Wealth Network Inc.’s holdings in Dimensional World ex U.S. Core Equity 2 ETF were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of DFAX. Bank of Montreal Can purchased a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the second quarter worth about $26,674,000. Magnolia Capital Advisors LLC increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 63.6% during the second quarter. Magnolia Capital Advisors LLC now owns 442,255 shares of the company’s stock worth $11,242,000 after purchasing an additional 171,917 shares in the last quarter. Creative Planning increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 35.1% during the second quarter. Creative Planning now owns 402,776 shares of the company’s stock worth $10,239,000 after purchasing an additional 104,547 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 13.5% during the second quarter. NewEdge Advisors LLC now owns 45,347 shares of the company’s stock worth $1,153,000 after purchasing an additional 5,394 shares in the last quarter. Finally, Truist Financial Corp increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 7.8% during the second quarter. Truist Financial Corp now owns 342,406 shares of the company’s stock worth $8,704,000 after purchasing an additional 24,829 shares in the last quarter.

Dimensional World ex U.S. Core Equity 2 ETF Trading Down 0.2 %

Shares of NYSEARCA DFAX opened at $25.37 on Thursday. Dimensional World ex U.S. Core Equity 2 ETF has a 12-month low of $23.60 and a 12-month high of $27.33. The stock has a market cap of $6.74 billion, a PE ratio of 11.66 and a beta of 0.82. The company has a 50-day moving average of $25.27 and a 200 day moving average of $25.80.

About Dimensional World ex U.S. Core Equity 2 ETF

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.