M Wealth Management LLC Purchases New Holdings in Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX)

M Wealth Management LLC acquired a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 37,989 shares of the company’s stock, valued at approximately $944,000. Dimensional World ex U.S. Core Equity 2 ETF comprises 0.9% of M Wealth Management LLC’s portfolio, making the stock its 18th largest holding.

A number of other institutional investors have also recently modified their holdings of DFAX. Voisard Asset Management Group Inc. acquired a new position in Dimensional World ex U.S. Core Equity 2 ETF in the third quarter valued at about $49,000. Fifth Third Bancorp raised its position in shares of Dimensional World ex U.S. Core Equity 2 ETF by 83.7% in the 4th quarter. Fifth Third Bancorp now owns 2,221 shares of the company’s stock valued at $55,000 after buying an additional 1,012 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 3rd quarter worth approximately $142,000. Atlas Wealth LLC acquired a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 3rd quarter worth approximately $206,000. Finally, Affinity Capital Advisors LLC acquired a new position in Dimensional World ex U.S. Core Equity 2 ETF during the third quarter valued at approximately $209,000.

Dimensional World ex U.S. Core Equity 2 ETF Stock Performance

Shares of DFAX stock opened at $25.73 on Thursday. Dimensional World ex U.S. Core Equity 2 ETF has a fifty-two week low of $23.68 and a fifty-two week high of $27.33. The stock’s fifty day moving average price is $25.29 and its two-hundred day moving average price is $25.78. The company has a market cap of $6.83 billion, a PE ratio of 11.66 and a beta of 0.82.

Dimensional World ex U.S. Core Equity 2 ETF Company Profile

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.