American Investment Services Inc. Cuts Stake in Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX)

American Investment Services Inc. reduced its position in Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 403,924 shares of the company’s stock after selling 4,701 shares during the quarter. Dimensional World ex U.S. Core Equity 2 ETF accounts for approximately 1.8% of American Investment Services Inc.’s investment portfolio, making the stock its 14th largest holding. American Investment Services Inc. owned approximately 0.15% of Dimensional World ex U.S. Core Equity 2 ETF worth $10,268,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of Montreal Can purchased a new stake in Dimensional World ex U.S. Core Equity 2 ETF during the second quarter worth $26,674,000. Certified Advisory Corp purchased a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 2nd quarter worth $340,000. Delap Wealth Advisory LLC lifted its stake in shares of Dimensional World ex U.S. Core Equity 2 ETF by 99.4% during the 2nd quarter. Delap Wealth Advisory LLC now owns 483,500 shares of the company’s stock worth $12,291,000 after purchasing an additional 241,083 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Dimensional World ex U.S. Core Equity 2 ETF by 2.5% during the second quarter. EverSource Wealth Advisors LLC now owns 73,526 shares of the company’s stock valued at $1,912,000 after purchasing an additional 1,826 shares in the last quarter. Finally, Merriman Wealth Management LLC grew its stake in Dimensional World ex U.S. Core Equity 2 ETF by 0.9% in the second quarter. Merriman Wealth Management LLC now owns 97,814 shares of the company’s stock valued at $2,486,000 after purchasing an additional 890 shares during the last quarter.

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

DFAX stock opened at $26.34 on Monday. Dimensional World ex U.S. Core Equity 2 ETF has a one year low of $21.39 and a one year high of $26.61. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 11.66 and a beta of 0.82. The firm has a 50-day simple moving average of $25.85 and a two-hundred day simple moving average of $25.65.

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

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.