Sequoia Financial Advisors LLC Sells 16,931 Shares of Dimensional U.S. Small Cap ETF $DFAS

Sequoia Financial Advisors LLC reduced its stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 3.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 458,511 shares of the company’s stock after selling 16,931 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.28% of Dimensional U.S. Small Cap ETF worth $29,212,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Hughes Financial Services LLC bought a new stake in shares of Dimensional U.S. Small Cap ETF in the 1st quarter worth approximately $30,000. Reyes Financial Architecture Inc. bought a new stake in shares of Dimensional U.S. Small Cap ETF in the 2nd quarter worth approximately $36,000. Trust Co. of Vermont bought a new stake in shares of Dimensional U.S. Small Cap ETF in the 2nd quarter worth approximately $42,000. Golden State Wealth Management LLC bought a new stake in shares of Dimensional U.S. Small Cap ETF in the 1st quarter worth approximately $44,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Dimensional U.S. Small Cap ETF in the 1st quarter worth approximately $46,000.

Dimensional U.S. Small Cap ETF Trading Down 3.1%

DFAS stock opened at $66.04 on Monday. The stock has a market capitalization of $11.02 billion, a PE ratio of 15.89 and a beta of 0.97. Dimensional U.S. Small Cap ETF has a 12-month low of $51.45 and a 12-month high of $71.78. The stock’s 50 day simple moving average is $67.69 and its 200 day simple moving average is $63.47.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.