ETFs

First Western Trust Bank Expands Holdings in Dimensional U.S. Small Cap ETF

Published November 20, 2023

First Western Trust Bank, in a strategic investment decision, has marginally increased its ownership of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS), specifically by 1.7% during the 2nd quarter of the fiscal year. This move was disclosed in the bank’s latest Form 13F filing with the Securities and Exchange Commission (SEC). By acquiring an additional 1,181 shares, the financial institution's total share count in the ETF rose to 70,985.

Investment Growth by Hedge Funds

The trend of escalating investments in Dimensional U.S. Small Cap ETF is not unique to First Western Trust Bank. A number of other hedge funds have also adjusted their investments in the ETF. Janney Montgomery Scott LLC, for instance, increased its stake by 35.0% during the same quarter. Moreover, Pure Financial Advisors LLC marked a significant uptick of 25.5% in its holdings, while Truist Financial Corp and Waterfront Wealth Inc. reported increases of 25.4% and 5.3%, respectively. Quent Capital LLC demonstrated an impressive 444.6% growth in its position in the ETF.

DFAS Market Performance

On the trading front, shares of Dimensional U.S. Small Cap ETF have shown resilience and active trading patterns. On a recent trading day, the ETF's shares inched up by $0.11, trading at $53.64, with a trading volume that day of 111,181 shares. The trading activity was noticed against an average volume nearing 259,694 shares. At the time, the ETF boasted a market capitalization standing at $5.62 billion, with its price hovering around the $53 mark.

About Dimensional U.S. Small Cap ETF

Dimensional U.S. Small Cap ETF is a prominent fund that primarily focuses on investing in the small-cap segment of the market. It comprises a portfolio of small U.S. companies selected through multifactorial approaches and market capitalization weightings. The ETF has been operational since December 15, 1998, under the astute management of Dimensional.

For investors or hedge funds interested in further information on holdings within DFAS ETF, additional data and filings can be sourced through HoldingsChannel.com, which provides insights into 13F filings and insider trades.

Furthermore, individuals and investors who seek to stay informed with the latest news and receive analyst ratings for Dimensional U.S. Small Cap ETF can opt for daily summaries that offer current market insights, available through various financial information services.

FirstWestern, DimensionalETF, Investments