Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) is Financial Connections Group Inc.’s 8th Largest Position

Financial Connections Group Inc. cut its stake in Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 369,060 shares of the company’s stock after selling 10,641 shares during the period. Dimensional World ex U.S. Core Equity 2 ETF accounts for 4.4% of Financial Connections Group Inc.’s holdings, making the stock its 8th biggest position. Financial Connections Group Inc.’s holdings in Dimensional World ex U.S. Core Equity 2 ETF were worth $9,174,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DFAX. Elevation Wealth Partners LLC increased its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 427.1% in the fourth quarter. Elevation Wealth Partners LLC now owns 1,534 shares of the company’s stock worth $38,000 after purchasing an additional 1,243 shares in the last quarter. Voisard Asset Management Group Inc. bought a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF in the third quarter worth about $49,000. Fifth Third Bancorp boosted its stake in 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 worth $55,000 after purchasing an additional 1,012 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of Dimensional World ex U.S. Core Equity 2 ETF during the fourth quarter valued at about $80,000. Finally, First Horizon Advisors Inc. purchased a new position in Dimensional World ex U.S. Core Equity 2 ETF during the 3rd quarter valued at approximately $142,000.

Dimensional World ex U.S. Core Equity 2 ETF Trading Up 0.1 %

Shares of NYSEARCA:DFAX opened at $25.97 on Wednesday. The company has a 50-day moving average price of $25.31 and a 200 day moving average price of $25.76. Dimensional World ex U.S. Core Equity 2 ETF has a 12 month low of $23.68 and a 12 month high of $27.33. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 11.66 and a beta of 0.82.

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