Wingate Wealth Advisors Increases Stake in Dimensional ETF by 26.8%

Wingate Wealth Advisors Inc. has significantly increased its investment in the Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE), boosting its position by 26.8% during the second quarter of 2023. The firm disclosed to the Securities and Exchange Commission (SEC) that it now owns 104,040 shares of the ETF, following an acquisition of an additional 21,996 shares in the period. This investment represents approximately 2.7% of Wingate’s total portfolio, marking the ETF as its seventh largest holding, valued at around $3,012,000 at the close of the last reporting period.

Several other institutional investors have also adjusted their holdings in the Dimensional Emerging Core Equity Market ETF. Notably, Brighton Jones LLC increased its stake by 17.9% in the fourth quarter, now owning 487,353 shares worth about $12,364,000 after adding 73,906 shares. Meanwhile, First PREMIER Bank established a new position in the ETF during the first quarter, valued at $221,000.

Rappaport Reiches Capital Management LLC also saw a rise in its holdings by 6.1%, bringing its total to 225,808 shares valued at $5,846,000. Similarly, Chico Wealth RIA increased its investment by 3.5%, now owning 401,516 shares worth $10,395,000. Moisand Fitzgerald Tamayo LLC rounded out the major investors by enhancing its stake by 2.9%, resulting in 608,244 shares valued at $15,747,000.

Current Performance of Dimensional Emerging Core Equity Market ETF

As of the latest trading session, the Dimensional Emerging Core Equity Market ETF opened at $32.03. The ETF has a market capitalization of $7.06 billion, a price-to-earnings (P/E) ratio of 14.98, and a beta of 0.59. Over the past year, the ETF has seen a low of $22.68 and a high of $32.26, indicating a solid performance trajectory. Its fifty-day moving average stands at $30.97, while the two-hundred day average is $28.75.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF, launched on December 2, 2020, primarily invests in a broad spectrum of equity within emerging markets. The fund actively selects securities of various sizes, with a particular emphasis on small-cap companies, aiming to deliver long-term capital appreciation. As it continues to attract institutional interest, the ETF exemplifies a growing trend among investors looking to capitalize on emerging market opportunities.

This increasing institutional interest reflects confidence in the fund’s potential for growth, further enhancing its reputation in the competitive ETF landscape. As the market evolves, the Dimensional Emerging Core Equity Market ETF remains a focal point for investors seeking exposure to the dynamic emerging markets sector.