Millstone Evans Group LLC has significantly reduced its holdings in the Dimensional U.S. Core Equity 2 ETF (NYSEARCA: DFAC), according to its latest 13F filing with the Securities and Exchange Commission (SEC). The firm reported a 66.0% decrease in shares during the third quarter, resulting in ownership of 22,996 shares after divesting 44,706 shares. This investment accounts for approximately 0.6% of Millstone Evans Group’s portfolio, ranking it as the firm’s 29th largest position.
As of the end of the most recent reporting period, Millstone Evans Group’s investment in the Dimensional U.S. Core Equity 2 ETF was valued at around $887,000. Other institutional investors have also made adjustments to their stakes in the ETF. For instance, Traub Capital Management LLC established a new position valued at about $25,000 in the second quarter, while Trust Co. of Vermont acquired a stake worth approximately $29,000 in the third quarter.
Additionally, BankPlus Trust Department and Copia Wealth Management have entered the market by acquiring new positions valued at $30,000 and $79,000, respectively. Notably, JNBA Financial Advisors increased its position in the ETF by an impressive 276.3% during the second quarter, now holding 2,363 shares valued at around $85,000.
Current Performance of Dimensional U.S. Core Equity 2 ETF
As of Friday, the Dimensional U.S. Core Equity 2 ETF opened at $40.75, reflecting a slight increase of 0.5%. The ETF’s performance metrics include a fifty-day simple moving average of $39.69 and a two-hundred-day simple moving average of $38.48. The ETF boasts a market capitalization of $41.50 billion, a price-to-earnings (P/E) ratio of 20.75, and a beta of 1.00. Over the past year, the ETF has experienced a low of $28.39 and a high of $40.94.
The Dimensional U.S. Core Equity 2 ETF, launched on October 4, 2007, primarily invests in a broad range of U.S. equities, with a focus on small-cap companies. Managed by Dimensional, the fund aims to achieve long-term capital appreciation through its active selection of stocks across various market sizes.
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