Dimensional Emerging Core Equity Market ETF $DFAE Stake Raised by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. lifted its holdings in shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) by 11.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 628,328 shares of the company’s stock after acquiring an additional 62,251 shares during the period. Dimensional Emerging Core Equity Market ETF accounts for about 0.6% of Confluence Wealth Services Inc.’s portfolio, making the stock its 29th biggest position. Confluence Wealth Services Inc.’s holdings in Dimensional Emerging Core Equity Market ETF were worth $24,700,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of DFAE. Mather Group LLC. bought a new stake in shares of Dimensional Emerging Core Equity Market ETF in the 3rd quarter valued at about $510,776,000. Annex Advisory Services LLC acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF in the 3rd quarter valued at approximately $94,539,000. McKinley Carter Wealth Services Inc. bought a new position in Dimensional Emerging Core Equity Market ETF during the 3rd quarter worth approximately $91,605,000. Founders Financial Securities LLC bought a new position in Dimensional Emerging Core Equity Market ETF during the 3rd quarter worth approximately $55,379,000. Finally, Park Avenue Securities LLC acquired a new position in Dimensional Emerging Core Equity Market ETF during the third quarter valued at approximately $39,814,000.

Dimensional Emerging Core Equity Market ETF Stock Performance

Shares of NYSEARCA DFAE opened at $35.68 on Wednesday. Dimensional Emerging Core Equity Market ETF has a 52-week low of $30.99 and a 52-week high of $42.16. The stock has a market cap of $9.12 billion, a P/E ratio of 14.98 and a beta of 0.76. The firm has a 50 day moving average price of $38.48 and a 200 day moving average price of $37.82.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) 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. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.