Alerus Financial NA Sells 40,997 Shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX)

Alerus Financial NA trimmed its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,548,083 shares of the company’s stock after selling 40,997 shares during the period. Dimensional World ex U.S. Core Equity 2 ETF comprises 6.8% of Alerus Financial NA’s investment portfolio, making the stock its 2nd largest position. Alerus Financial NA owned 1.34% of Dimensional World ex U.S. Core Equity 2 ETF worth $88,205,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pillar Financial Advisors LLC bought a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 4th quarter valued at about $34,000. Elevation Wealth Partners LLC increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 427.1% in the fourth quarter. Elevation Wealth Partners LLC now owns 1,534 shares of the company’s stock worth $38,000 after purchasing an additional 1,243 shares during the period. Fifth Third Bancorp increased its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 83.7% during the 4th quarter. Fifth Third Bancorp now owns 2,221 shares of the company’s stock worth $55,000 after purchasing an additional 1,012 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 4th quarter worth approximately $80,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1,006.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,237 shares of the company’s stock valued at $105,000 after acquiring an additional 3,854 shares in the last quarter.

Dimensional World ex U.S. Core Equity 2 ETF Price Performance

DFAX stock opened at $26.75 on Friday. The business has a fifty day moving average price of $26.17 and a 200 day moving average price of $25.94. Dimensional World ex U.S. Core Equity 2 ETF has a fifty-two week low of $23.78 and a fifty-two week high of $27.33. The stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 14.70 and a beta of 0.80.

Dimensional World ex U.S. Core Equity 2 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.0685 per share. The ex-dividend date was Tuesday, March 25th.

Dimensional World ex U.S. Core Equity 2 ETF Company Profile

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.