Waterfront Wealth Inc. Cuts Position in Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Waterfront Wealth Inc. cut its stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 5.2% during the second quarter, HoldingsChannel reports. The fund owned 109,261 shares of the company’s stock after selling 6,049 shares during the quarter. Waterfront Wealth Inc.’s holdings in Dimensional Emerging Markets Core Equity 2 ETF were worth $3,243,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DFEM. Maseco LLP purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the 2nd quarter valued at $55,622,000. Jane Street Group LLC purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the 1st quarter valued at $37,583,000. Elser Financial Planning Inc purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the 2nd quarter valued at $29,535,000. Focus Partners Advisor Solutions LLC increased its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 18.8% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 6,109,641 shares of the company’s stock valued at $161,661,000 after acquiring an additional 968,176 shares during the period. Finally, Focus Partners Wealth increased its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 11.7% in the 1st quarter. Focus Partners Wealth now owns 6,359,192 shares of the company’s stock valued at $168,264,000 after acquiring an additional 667,645 shares during the period.

Dimensional Emerging Markets Core Equity 2 ETF Trading Up 0.1%

Shares of NYSEARCA:DFEM opened at $33.32 on Wednesday. Dimensional Emerging Markets Core Equity 2 ETF has a 12-month low of $23.08 and a 12-month high of $33.36. The business’s fifty day simple moving average is $31.95 and its 200-day simple moving average is $29.88. The company has a market capitalization of $6.67 billion, a PE ratio of 14.02 and a beta of 0.71.

Dimensional Emerging Markets Core Equity 2 ETF Profile

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) 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. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.