Independent Advisor Alliance Makes New $301,000 Investment in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

Independent Advisor Alliance bought a new position in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,629 shares of the company’s stock, valued at approximately $301,000.

Other hedge funds have also added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of Dimensional U.S. Small Cap ETF during the fourth quarter valued at approximately $25,000. Principal Securities Inc. boosted its stake in shares of Dimensional U.S. Small Cap ETF by 177.0% during the fourth quarter. Principal Securities Inc. now owns 385 shares of the company’s stock valued at $25,000 after purchasing an additional 246 shares in the last quarter. Tradewinds Capital Management LLC bought a new position in shares of Dimensional U.S. Small Cap ETF during the fourth quarter valued at approximately $29,000. Truvestments Capital LLC bought a new position in shares of Dimensional U.S. Small Cap ETF during the third quarter valued at approximately $38,000. Finally, Rialto Wealth Management LLC bought a new position in shares of Dimensional U.S. Small Cap ETF during the fourth quarter valued at approximately $47,000.

Dimensional U.S. Small Cap ETF Stock Down 0.7 %

NYSEARCA:DFAS opened at $60.51 on Wednesday. Dimensional U.S. Small Cap ETF has a 52 week low of $57.33 and a 52 week high of $71.78. The firm has a 50 day moving average of $64.96 and a 200 day moving average of $65.63. The stock has a market capitalization of $9.20 billion, a price-to-earnings ratio of 16.22 and a beta of 1.06.

Dimensional U.S. Small Cap ETF Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.