Modera Wealth Management LLC Decreases Position in Dimensional U.S. Small Cap ETF $DFAS

Modera Wealth Management LLC reduced its position in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 547,045 shares of the company’s stock after selling 18,507 shares during the period. Modera Wealth Management LLC owned 0.34% of Dimensional U.S. Small Cap ETF worth $34,852,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DFAS. Accredited Wealth Management LLC boosted its stake in Dimensional U.S. Small Cap ETF by 5.8% during the 1st quarter. Accredited Wealth Management LLC now owns 21,880 shares of the company’s stock worth $1,307,000 after purchasing an additional 1,192 shares during the last quarter. ADE LLC purchased a new position in shares of Dimensional U.S. Small Cap ETF in the first quarter worth about $229,000. Mustard Seed Financial LLC boosted its position in Dimensional U.S. Small Cap ETF by 4.8% during the second quarter. Mustard Seed Financial LLC now owns 5,267 shares of the company’s stock worth $336,000 after acquiring an additional 243 shares during the last quarter. IFP Advisors Inc grew its stake in Dimensional U.S. Small Cap ETF by 40.8% during the 1st quarter. IFP Advisors Inc now owns 3,074 shares of the company’s stock valued at $184,000 after acquiring an additional 891 shares in the last quarter. Finally, Powers Advisory Group LLC raised its holdings in Dimensional U.S. Small Cap ETF by 15.6% in the 2nd quarter. Powers Advisory Group LLC now owns 22,698 shares of the company’s stock valued at $1,446,000 after acquiring an additional 3,065 shares during the last quarter.

Dimensional U.S. Small Cap ETF Price Performance

DFAS opened at $67.08 on Friday. The firm has a market capitalization of $11.28 billion, a price-to-earnings ratio of 15.89 and a beta of 1.06. The company’s 50 day simple moving average is $68.41 and its two-hundred day simple moving average is $65.02. Dimensional U.S. Small Cap ETF has a 1-year low of $51.45 and a 1-year high of $71.78.

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.