American Investment Services Inc. Lowers Stake in Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

American Investment Services Inc. reduced its position in shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS) by 0.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 650,601 shares of the company’s stock after selling 2,575 shares during the quarter. Dimensional U.S. Equity ETF accounts for approximately 6.8% of American Investment Services Inc.’s holdings, making the stock its 2nd biggest position. American Investment Services Inc. owned about 0.41% of Dimensional U.S. Equity ETF worth $38,288,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DFUS. Sax Wealth Advisors LLC lifted its position in Dimensional U.S. Equity ETF by 248.6% during the first quarter. Sax Wealth Advisors LLC now owns 2,748,910 shares of the company’s stock valued at $156,633,000 after purchasing an additional 1,960,422 shares in the last quarter. Silver Lake Advisory LLC bought a new position in shares of Dimensional U.S. Equity ETF during the 2nd quarter valued at approximately $78,967,000. LPL Financial LLC grew its stake in shares of Dimensional U.S. Equity ETF by 106.3% during the 2nd quarter. LPL Financial LLC now owns 2,063,543 shares of the company’s stock valued at $121,439,000 after acquiring an additional 1,063,231 shares during the period. Elser Financial Planning Inc purchased a new stake in Dimensional U.S. Equity ETF in the 2nd quarter worth approximately $57,071,000. Finally, Buckingham Strategic Wealth LLC raised its stake in Dimensional U.S. Equity ETF by 11.0% during the 4th quarter. Buckingham Strategic Wealth LLC now owns 6,041,196 shares of the company’s stock worth $313,115,000 after acquiring an additional 600,275 shares during the period.

Dimensional U.S. Equity ETF Stock Performance

Shares of DFUS stock opened at $61.54 on Monday. The stock has a fifty day simple moving average of $59.64 and a two-hundred day simple moving average of $58.00. The firm has a market capitalization of $9.82 billion, a PE ratio of 24.29 and a beta of 1.04. Dimensional U.S. Equity ETF has a 52-week low of $44.39 and a 52-week high of $61.92.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.