Navigate Wealth Management LLC Takes $1.89 Million Position in Dimensional Emerging Markets Core Equity 2 ETF $DFEM

Navigate Wealth Management LLC purchased a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 50,050 shares of the company’s stock, valued at approximately $1,892,000. Dimensional Emerging Markets Core Equity 2 ETF comprises about 1.3% of Navigate Wealth Management LLC’s investment portfolio, making the stock its 19th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in Dimensional Emerging Markets Core Equity 2 ETF by 19.2% during the 4th quarter. Brighton Jones LLC now owns 843,054 shares of the company’s stock worth $22,080,000 after buying an additional 135,562 shares in the last quarter. Comerica Bank raised its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during the first quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after acquiring an additional 696 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 28,538 shares of the company’s stock valued at $755,000 after acquiring an additional 2,064 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Dimensional Emerging Markets Core Equity 2 ETF by 6.6% in the first quarter. AQR Capital Management LLC now owns 34,737 shares of the company’s stock valued at $919,000 after acquiring an additional 2,158 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the second quarter worth approximately $441,000.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

Shares of DFEM opened at $39.93 on Monday. The stock has a 50 day moving average price of $40.26 and a 200 day moving average price of $37.28. Dimensional Emerging Markets Core Equity 2 ETF has a one year low of $29.66 and a one year high of $42.57. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 14.02 and a beta of 0.78.

Dimensional Emerging Markets Core Equity 2 ETF Company 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.