Spinnaker Investment Group LLC Purchases 8,808 Shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

Spinnaker Investment Group LLC boosted its position in shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) by 6.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 152,343 shares of the company’s stock after acquiring an additional 8,808 shares during the quarter. Dimensional U.S. Small Cap ETF comprises 2.7% of Spinnaker Investment Group LLC’s holdings, making the stock its 10th biggest position. Spinnaker Investment Group LLC’s holdings in Dimensional U.S. Small Cap ETF were worth $9,497,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. First Trust Direct Indexing L.P. acquired a new position in shares of Dimensional U.S. Small Cap ETF in the first quarter valued at approximately $251,000. TCP Asset Management LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 21.6% in the first quarter. TCP Asset Management LLC now owns 37,162 shares of the company’s stock valued at $2,317,000 after purchasing an additional 6,610 shares during the period. Valeo Financial Advisors LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 10.6% in the first quarter. Valeo Financial Advisors LLC now owns 18,030 shares of the company’s stock valued at $1,124,000 after purchasing an additional 1,732 shares during the period. Altiora Financial Group LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 4.7% in the first quarter. Altiora Financial Group LLC now owns 71,986 shares of the company’s stock valued at $4,488,000 after purchasing an additional 3,263 shares during the period. Finally, Narus Financial Partners LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 8.0% in the first quarter. Narus Financial Partners LLC now owns 37,630 shares of the company’s stock valued at $2,346,000 after purchasing an additional 2,775 shares during the period.

Dimensional U.S. Small Cap ETF Price Performance

Shares of NYSEARCA:DFAS traded up $0.04 during trading on Thursday, reaching $59.78. The company had a trading volume of 136,418 shares, compared to its average volume of 279,099. The firm has a market capitalization of $7.78 billion, a price-to-earnings ratio of 12.98 and a beta of 1.13. The stock’s fifty day moving average price is $60.38 and its 200 day moving average price is $59.70. Dimensional U.S. Small Cap ETF has a fifty-two week low of $48.66 and a fifty-two week high of $62.65.

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.