Planning Center Inc. has expanded its investment in the Dimensional Inflation-Protected Securities ETF (NYSEARCA: DFIP) by 3.4% during the third quarter of 2023. According to the company’s recent Form 13F filing with the Securities and Exchange Commission, Planning Center now holds a total of 898,342 shares after acquiring an additional 29,748 shares in the period. This investment represents 4.0% of Planning Center’s portfolio, making the ETF its eighth largest holding, valued at approximately $37,937,000.
Other institutional investors have also adjusted their positions in DFIP. Hemington Wealth Management increased its stake by an impressive 19.2% during the third quarter, bringing its total to 912,827 shares valued at around $38,548,000 after purchasing an additional 146,941 shares. Similarly, Hill Investment Group Partners LLC raised its position in the ETF by 1.1% in the second quarter, now owning 798,105 shares worth approximately $33,369,000.
Insight Wealth Strategies LLC entered the market with a new position in DFIP during the third quarter, valued at about $18,965,000. Rather & Kittrell Inc. increased its holdings by 6.5%, now owning 444,410 shares valued at around $18,767,000 after acquiring an additional 27,029 shares. Leading Edge Financial Planning LLC also lifted its stake by 7.1%, owning 382,545 shares worth approximately $15,994,000.
Market Performance and ETF Profile
On Thursday, shares of the Dimensional Inflation-Protected Securities ETF opened at $41.63. The ETF has maintained a 50-day moving average price of $41.79 and a 200-day moving average price of $42.04. Over the past year, DFIP has recorded a low of $40.58 and a high of $42.77.
The Dimensional Inflation-Protected Securities ETF is designed to track the Bloomberg U.S. TIPS index. Launched on December 15, 2021, it is actively managed and invests in U.S. government bonds that are inflation-protected, with maturities ranging from five to 20 years. The fund is managed by Dimensional Fund Advisors, a firm known for its strategic approach to investment management.
As institutional interest continues to grow in inflation-protected assets, the movements of Planning Center Inc. and other firms reflect a broader trend of seeking stability amid economic fluctuations.
