Assetmark Inc. Acquires 46,358 Shares in Dimensional ETF
Assetmark Inc. has significantly increased its investment in the Dimensional International Vector Equity ETF (NYSEARCA:DXIV) by acquiring 46,358 shares during the second quarter of 2024. This purchase is valued at approximately $2.69 million, as disclosed in a recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made notable adjustments to their positions in the Dimensional International Vector Equity ETF. For instance, Glass Jacobson Investment Advisors LLC initiated a new stake in the fund during the same quarter, valued at around $53,000. Meanwhile, VanderPol Investments L.L.C. established a new position in the first quarter, worth approximately $247,000. Additionally, BIP Wealth LLC acquired shares valued at $461,000 in the second quarter.
The investment landscape for Dimensional ETF reflects a growing interest among institutional investors. Cordant Inc. increased its holdings by 14.1%, now owning 28,348 shares valued at $1.65 million after purchasing an additional 3,498 shares in the last quarter. Pure Financial Advisors LLC also expanded its stake by 27.0%, raising its total to 110,134 shares valued at $6.39 million after acquiring an additional 23,391 shares.
Current Market Performance
As of Wednesday, shares of the Dimensional International Vector Equity ETF opened at $61.05. The fund currently holds a market capitalization of $116 million, a price-to-earnings (PE) ratio of 14.03, and a beta of 0.93. The fund has a 50-day moving average of $61.36 and a 200-day moving average of $58.66. Over the past year, the ETF has experienced a low of $45.94 and a high of $63.89.
The Dimensional International Vector Equity ETF primarily invests in total market equity, focusing on developed markets outside the United States. The fund is actively managed and aims to provide a broad portfolio with increased exposure to smaller capitalization firms that demonstrate lower relative prices and higher profitability.
Investors seeking insights into the latest movements in the Dimensional International Vector Equity ETF and similar funds can access updated 13F filings and insider trades through financial news platforms.
