Ridgeline Wealth LLC Purchases New Stake in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM)

Ridgeline Wealth LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 29,799 shares of the company’s stock, valued at approximately $780,000. Dimensional Emerging Markets Core Equity 2 ETF accounts for approximately 0.6% of Ridgeline Wealth LLC’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of DFEM. Glass Jacobson Investment Advisors llc purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF during the second quarter worth $26,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 2nd quarter worth about $98,000. Hobbs Group Advisors LLC acquired a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF during the 3rd quarter valued at about $127,000. FMR LLC increased its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 12.7% in the third quarter. FMR LLC now owns 6,483 shares of the company’s stock worth $183,000 after buying an additional 733 shares during the last quarter. Finally, Caprock Group LLC bought a new stake in Dimensional Emerging Markets Core Equity 2 ETF in the second quarter worth approximately $201,000.

Dimensional Emerging Markets Core Equity 2 ETF Stock Performance

Shares of Dimensional Emerging Markets Core Equity 2 ETF stock traded up $0.04 during midday trading on Monday, reaching $26.31. 729,156 shares of the company’s stock traded hands, compared to its average volume of 744,652. Dimensional Emerging Markets Core Equity 2 ETF has a 52 week low of $23.49 and a 52 week high of $28.86. The company’s 50 day simple moving average is $26.79 and its 200 day simple moving average is $26.98. The company has a market cap of $3.68 billion, a price-to-earnings ratio of 10.39 and a beta of 0.83.

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.