Sequoia Financial Advisors LLC Buys 424,489 Shares of Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Sequoia Financial Advisors LLC raised its stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) by 10.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,632,242 shares of the company’s stock after purchasing an additional 424,489 shares during the period. Dimensional Emerging Markets Core Equity 2 ETF makes up approximately 0.9% of Sequoia Financial Advisors LLC’s holdings, making the stock its 18th biggest position. Sequoia Financial Advisors LLC owned 2.44% of Dimensional Emerging Markets Core Equity 2 ETF worth $137,485,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in DFEM. Comerica Bank lifted its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during the 1st quarter. Comerica Bank now owns 945 shares of the company’s stock worth $25,000 after acquiring an additional 696 shares during the period. Pinnacle Bancorp Inc. bought a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 2nd quarter worth about $30,000. AlphaCore Capital LLC bought a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 1st quarter worth about $37,000. Salomon & Ludwin LLC bought a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 1st quarter worth about $47,000. Finally, Crewe Advisors LLC bought a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 1st quarter worth about $65,000.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

NYSEARCA:DFEM opened at $31.28 on Monday. The company has a 50-day moving average of $31.45 and a 200-day moving average of $29.25. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 14.02 and a beta of 0.87. Dimensional Emerging Markets Core Equity 2 ETF has a 52 week low of $23.08 and a 52 week high of $32.73.

About Dimensional Emerging Markets Core Equity 2 ETF

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.