Parsons Capital Management Inc. RI Trims Holdings in Dimensional US Core Equity Market ETF $DFAU

Parsons Capital Management Inc. RI cut its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 9.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,831 shares of the company’s stock after selling 575 shares during the period. Parsons Capital Management Inc. RI’s holdings in Dimensional US Core Equity Market ETF were worth $247,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. CENTRAL TRUST Co acquired a new position in shares of Dimensional US Core Equity Market ETF in the 1st quarter valued at about $75,000. Cloud Capital Management LLC bought a new position in Dimensional US Core Equity Market ETF during the 1st quarter worth $80,000. Grand Wealth Management LLC acquired a new stake in Dimensional US Core Equity Market ETF in the first quarter worth $105,000. Wealth Preservation Advisors LLC acquired a new position in shares of Dimensional US Core Equity Market ETF during the first quarter valued at $176,000. Finally, FourThought Financial Partners LLC bought a new position in shares of Dimensional US Core Equity Market ETF during the first quarter worth about $209,000.

Dimensional US Core Equity Market ETF Stock Up 0.1%

Shares of DFAU opened at $46.01 on Friday. Dimensional US Core Equity Market ETF has a 52-week low of $33.06 and a 52-week high of $46.24. The firm has a market capitalization of $9.52 billion, a PE ratio of 23.25 and a beta of 0.98. The firm has a 50-day moving average price of $44.56 and a 200 day moving average price of $41.48.

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.