Warwick Investment Management Inc. has reduced its stake in the Dimensional U.S. Core Equity 2 ETF (NYSEARCA: DFAC) by 2.1% during the third quarter of 2023. According to the firm’s latest filing with the Securities and Exchange Commission (SEC), Warwick now holds 2,444,177 shares of the ETF after selling 52,628 shares during this period. The Dimensional U.S. Core Equity 2 ETF constitutes 16.4% of Warwick’s investment portfolio, making it the firm’s second-largest holding.
As of the latest SEC filing, Warwick’s ownership of the Dimensional U.S. Core Equity 2 ETF is valued at approximately $94,272,000, representing 0.25% of the total ETF shares. The ETF has garnered interest from various other institutional investors as well. For instance, Traub Capital Management LLC recently acquired a stake valued at about $25,000 in the second quarter, while Trust Co. of Vermont invested approximately $29,000 in the third quarter.
Additionally, BankPlus Trust Department purchased shares in the second quarter for around $30,000. Copia Wealth Management also made an entry with a stake worth about $79,000 during the same quarter. In a notable move, JNBA Financial Advisors increased its position by an impressive 276.3% in the second quarter, now owning 2,363 shares valued at $85,000 after acquiring an additional 1,735 shares.
Market Activity and Performance
On Friday, the Dimensional U.S. Core Equity 2 ETF opened at $40.68, reflecting a 0.6% increase. The ETF has experienced fluctuations over the past year, hitting a 12-month low of $28.39 and a high of $40.73. The fund’s 50-day simple moving average stands at $39.38, with a 200-day simple moving average of $38.21.
The ETF has a market capitalization of $41.34 billion and a price-to-earnings (P/E) ratio of 20.75, indicating a stable performance in the current market environment. The beta value of 1.00 suggests that the ETF’s price movements are in line with the overall market.
About Dimensional U.S. Core Equity 2 ETF
The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that primarily invests in a diversified selection of U.S. equities. Launched on October 4, 2007, the fund actively selects stocks across various market capitalizations, with a focus on small-cap companies, aiming to achieve long-term capital appreciation.
Investors interested in the latest developments regarding the Dimensional U.S. Core Equity 2 ETF and its institutional ownership can access updated information through various financial platforms, including HoldingsChannel.com.
