David Wealth Management LLC Makes New Investment in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)

David Wealth Management LLC purchased a new stake in shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) in the 4th quarter, Holdings Channel reports. The fund purchased 42,871 shares of the company’s stock, valued at approximately $1,252,000. Dimensional International Core Equity Market ETF accounts for about 1.0% of David Wealth Management LLC’s holdings, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DFAI. Colorado Capital Management Inc. boosted its stake in Dimensional International Core Equity Market ETF by 77.4% in the 4th quarter. Colorado Capital Management Inc. now owns 327,731 shares of the company’s stock valued at $9,570,000 after purchasing an additional 143,040 shares during the period. Townsquare Capital LLC boosted its holdings in Dimensional International Core Equity Market ETF by 565.9% in the 3rd quarter. Townsquare Capital LLC now owns 152,314 shares of the company’s stock valued at $4,841,000 after purchasing an additional 129,439 shares during the period. Midwest Heritage Bank FSB increased its holdings in shares of Dimensional International Core Equity Market ETF by 1.8% during the third quarter. Midwest Heritage Bank FSB now owns 305,084 shares of the company’s stock worth $9,696,000 after purchasing an additional 5,318 shares during the period. RAM Investment Partners LLC raised its position in shares of Dimensional International Core Equity Market ETF by 4.1% in the third quarter. RAM Investment Partners LLC now owns 1,475,425 shares of the company’s stock valued at $46,889,000 after buying an additional 58,442 shares in the last quarter. Finally, Hibernia Wealth Partners LLC bought a new stake in shares of Dimensional International Core Equity Market ETF in the third quarter valued at approximately $455,000.

Dimensional International Core Equity Market ETF Price Performance

Shares of NYSEARCA:DFAI opened at $30.91 on Wednesday. The company has a market capitalization of $6.00 billion, a P/E ratio of 13.93 and a beta of 0.83. The business’s 50 day simple moving average is $29.87 and its 200 day simple moving average is $30.36. Dimensional International Core Equity Market ETF has a 1 year low of $27.96 and a 1 year high of $32.11.

Dimensional International Core Equity Market ETF Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.