Semi-Annual Report
Period Ended: April 30, 2022 (Unaudited)
DIMENSIONAL ETF TRUST
Dimensional US Core Equity Market ETF
Dimensional US High Profitability ETF
Dimensional US Real Estate ETF
Dimensional US Small Cap Value ETF
Dimensional International Core Equity Market ETF
Dimensional International Core Equity 2 ETF
Dimensional International Small Cap Value ETF
Dimensional International Small Cap ETF
Dimensional International High Profitability ETF
Dimensional Emerging Core Equity Market ETF
Dimensional Emerging Markets High Profitability ETF
Dimensional Emerging Markets Value ETF
Dimensional Emerging Markets Core Equity 2 ETF
June 2022
Dear Shareholder,
The investment world is constantly evolving. In many ways, investors have benefited from an industry marked by new solutions, advancing technology, and increased personalization. Dimensional has been innovating on behalf of investors since 1981, using financial science to pursue higher expected returns in a flexible, diversified, low-cost manner.
A common thread in Dimensional’s history is the consistent, systematic application of financial theory and empirical research in managing strategies. We seek sensible ideas that we can implement well. In recent years, we have developed strategies in different product structures to give financial professionals more choices in how they integrate Dimensional Investing into client portfolios. In the first half of this year, for example, we broadened our suite of exchange-traded funds, launched a new fixed income mutual fund, and enhanced the investment management capabilities and services we provide clients.
On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.
Sincerely,
 |
 | |
| David P. Butler | Gerard O’Reilly | |
| CO-CHIEF EXECUTIVE OFFICER | CO-CHIEF EXECUTIVE OFFICER and CHIEF INVESTMENT OFFICER | |
DIMENSIONAL ETF TRUST
SEMI-ANNUAL REPORT
(Unaudited)
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| 95 |
This report is submitted for the information of each Fund’s shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.
ii
DIMENSIONAL ETF TRUST
DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES
(Unaudited)
|
Investment Abbreviations | ||
| ADR | American Depositary Receipt | |
| GDR | Global Depositary Receipt | |
| PLC | Public Limited Company | |
| SA | Special Assessment | |
|
Investment Footnotes | ||
| † | See Note B to Financial Statements. | |
| ‡ | Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. “Other Securities” are those securities that are not among the top 50 holdings in unaffiliated issuers of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities. | |
| * | Non-Income Producing Security | |
| § | Affiliated Fund | |
| @ | Security purchased with cash collateral received from Securities on Loan | |
| # | Total or Partial Securities on Loan | |
|
Financial Highlights | ||
| (**) | The net asset value per share for financial reporting purposes differs from the NAV reported due to adjustments made in accordance with accounting principles generally accepted in the United States of America | |
| (a) | Computed using average shares outstanding | |
| (b) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, if any, and redemption on the last day of the period at net asset value. This percentage is not an indication of the performance of a shareholder’s investment in the Fund based on market value due to differences between the market price of the shares and the net asset value per share of the Fund | |
| (c) | Not annualized for periods less than one year | |
| (d) | Market value total return is calculated assuming an initial investment made at the market value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, if any, and redemption on the last day of the period at market value. Market value is determined by the composite closing price. Composite closing security price is defined as the last reported sale price from any primary listing market (e.g., NYSE Arca) or participating regional exchanges or markets. The composite closing price is the last reported sale price from any of the eligible sources, regardless of volume and not an average price and may have occurred on a date prior to the close of the reporting period. Market value may be greater or less than net asset value, depending on the Fund’s closing price on the listing market | |
| (e) | Annualized for periods less than one year | |
| (f) | Excludes impact of in-kind transactions | |
|
All Statements, Schedules and Notes to Financial Statements | ||
| — | Amounts designated as — are either zero or rounded to zero | |
| SEC | Securities and Exchange Commission | |
3
DIMENSIONAL ETF TRUST
(Unaudited)
The following Expense Tables are shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses and legal and audit services, which are deducted from a fund’s gross income, directly reduce the investment return of the fund. A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs, in dollars, of investing in the fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The Expense Tables below illustrate your fund’s costs in two ways.
Actual Fund Return
This section helps you to estimate the actual expenses after fee waivers that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return and “Expenses Paid During Period” reflects the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, a $7,500 account value divided by $1,000 = 7.5), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
Hypothetical Example for Comparison Purposes
This section is intended to help you compare your fund’s costs with those of other mutual funds. The hypothetical “Ending Account Value” and “Expenses Paid During Period” are derived from the fund’s actual expense ratio and an assumed 5% annual return before expenses. In this case, because the return used is not the fund’s actual return, the results do not apply to your investment. The example is useful in making comparisons because the SEC requires all mutual funds to calculate expenses based on a 5% annual return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Please note that the expenses shown in the tables are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, such as brokerage commissions, if applicable. The “Annualized Expense Ratio” represents the actual expenses for the six-month period indicated.
| For the period ended April 30, 2022 | ||||||||||||||||
| Expense Tables | ||||||||||||||||
| Beginning Account Value 11/1/2021 |
Ending Account Value 4/30/2022 |
Annualized Expense Ratio |
Expenses Paid During Period(a) |
|||||||||||||
|
Dimensional US Core Equity Market ETF |
||||||||||||||||
|
Actual Fund Return |
$ | 1,000.00 | $ | 902.40 | 0.12 | % | $ | 0.57 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,024.20 | 0.12 | % | $ | 0.60 | ||||||||
|
Dimensional US High Profitability ETF |
||||||||||||||||
|
Actual Fund Return(b) |
$ | 1,000.00 | $ | 1,006.10 | 0.22 | % | $ | 0.40 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.70 | 0.22 | % | $ | 1.10 | ||||||||
4
DISCLOSURE OF FUND EXPENSES
CONTINUED
| Beginning Account Value 11/1/2021 |
Ending Account Value 4/30/2022 |
Annualized Expense Ratio |
Expenses Paid During Period(a) |
|||||||||||||
|
Dimensional US Real Estate ETF |
||||||||||||||||
|
Actual Fund Return(b) |
$ | 1,000.00 | $ | 1,056.00 | 0.19 | % | $ | 0.35 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.85 | 0.19 | % | $ | 0.95 | ||||||||
|
Dimensional US Small Cap Value ETF |
||||||||||||||||
|
Actual Fund Return(b) |
$ | 1,000.00 | $ | 983.30 | 0.31 | % | $ | 0.56 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.26 | 0.31 | % | $ | 1.56 | ||||||||
|
Dimensional International Core Equity Market ETF |
||||||||||||||||
|
Actual Fund Return |
$ | 1,000.00 | $ | 916.60 | 0.18 | % | $ | 0.86 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.90 | 0.18 | % | $ | 0.90 | ||||||||
|
Dimensional International Core Equity 2 ETF |
||||||||||||||||
|
Actual Fund Return(c) |
$ | 1,000.00 | $ | 943.90 | 0.23 | % | $ | 0.23 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.65 | 0.23 | % | $ | 1.15 | ||||||||
|
Dimensional International Small Cap Value ETF |
||||||||||||||||
|
Actual Fund Return(c) |
$ | 1,000.00 | $ | 940.50 | 0.42 | % | $ | 0.42 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,022.71 | 0.42 | % | $ | 2.11 | ||||||||
|
Dimensional International Small Cap ETF |
||||||||||||||||
|
Actual Fund Return(c) |
$ | 1,000.00 | $ | 936.10 | 0.39 | % | $ | 0.39 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,022.86 | 0.39 | % | $ | 1.96 | ||||||||
|
Dimensional International High Profitability ETF |
||||||||||||||||
|
Actual Fund Return(c) |
$ | 1,000.00 | $ | 939.90 | 0.29 | % | $ | 0.29 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.36 | 0.29 | % | $ | 1.45 | ||||||||
|
Dimensional Emerging Core Equity Market ETF |
||||||||||||||||
|
Actual Fund Return |
$ | 1,000.00 | $ | 904.70 | 0.35 | % | $ | 1.65 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,023.06 | 0.35 | % | $ | 1.76 | ||||||||
|
Dimensional Emerging Markets High Profitability ETF |
||||||||||||||||
|
Actual Fund Return(d) |
$ | 1,000.00 | $ | 1,020.20 | 0.41 | % | $ | 0.05 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,022.76 | 0.41 | % | $ | 2.06 | ||||||||
|
Dimensional Emerging Markets Value ETF |
||||||||||||||||
|
Actual Fund Return(d) |
$ | 1,000.00 | $ | 1,012.60 | 0.43 | % | $ | 0.05 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,022.66 | 0.43 | % | $ | 2.16 | ||||||||
|
Dimensional Emerging Markets Core Equity 2 ETF |
||||||||||||||||
|
Actual Fund Return(d) |
$ | 1,000.00 | $ | 1,018.20 | 0.39 | % | $ | 0.04 | ||||||||
|
Hypothetical 5% Annual Return |
$ | 1,000.00 | $ | 1,022.86 | 0.39 | % | $ | 1.96 | ||||||||
| (a) |
Expenses are equal to the Fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) (to reflect the six-month period). |
5
DISCLOSURE OF FUND EXPENSES
CONTINUED
| (b) |
Information shown reflects values for the stub period of 66 days from February 23, 2022 (commencement of operations) to April 30, 2022 and has been calculated using expense ratios and rates of returns for the same period. |
| (c) |
Information shown reflects values for the stub period of 38 days from March 23, 2022 (commencement of operations) to April 30, 2022 and has been calculated using expense ratios and rates of returns for the same period. |
| (d) |
Information shown reflects values for the stub period of 4 days from April 26, 2022 (commencement of operations) to April 30, 2022 and has been calculated using expense ratios and rates of returns for the same period. |
6
DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)
The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For Dimensional ETF Trust, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional ETF Trust filed its most recent Form N-PORT with the SEC on March 31, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.
SEC regulations permit a fund to include in its reports to shareholders a “Summary Schedule of Portfolio Holdings” in lieu of a full Schedule of Investments. The Summary Schedule of Portfolio Holdings reports the fund’s 50 largest holdings in unaffiliated issuers and any investments that exceed one percent of the fund’s net assets at the end of the reporting period. The regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.
A fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.
PORTFOLIO HOLDINGS
The SEC requires that all funds present their categories of portfolio holdings in a table, chart, or graph format in their annual and semi-annual shareholder reports, whether or not a Schedule of Investments is used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.
| Dimensional US Core Equity Market ETF |
| |||
|
Communication Services |
7.6 | % | ||
|
Consumer Discretionary |
11.4 | % | ||
|
Consumer Staples |
6.9 | % | ||
|
Energy |
5.0 | % | ||
|
Financials |
12.7 | % | ||
|
Health Care |
12.7 | % | ||
|
Industrials |
10.5 | % | ||
|
Information Technology |
25.6 | % | ||
|
Materials |
3.9 | % | ||
|
Real Estate |
0.2 | % | ||
|
Utilities |
3.5 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional US High Profitability ETF |
| |||
|
Communication Services |
3.3 | % | ||
|
Consumer Discretionary |
17.5 | % | ||
|
Consumer Staples |
12.3 | % | ||
|
Energy |
1.3 | % | ||
|
Financials |
5.1 | % | ||
|
Health Care |
11.4 | % | ||
|
Industrials |
14.7 | % | ||
|
Information Technology |
29.5 | % | ||
|
Materials |
4.7 | % | ||
|
Utilities |
0.2 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional US Real Estate ETF |
| |||
|
Real Estate |
100.0 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional US Small Cap Value ETF |
| |||
|
Communication Services |
2.4 | % | ||
|
Consumer Discretionary |
13.1 | % | ||
|
Consumer Staples |
4.1 | % | ||
|
Energy |
10.4 | % | ||
|
Financials |
27.1 | % | ||
|
Health Care |
4.6 | % | ||
|
Industrials |
21.3 | % | ||
|
Information Technology |
7.3 | % | ||
|
Materials |
8.0 | % | ||
|
Real Estate |
0.9 | % | ||
|
Utilities |
0.8 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional International Core Equity Market ETF |
| |||
|
Communication Services |
4.8 | % | ||
|
Consumer Discretionary |
11.2 | % | ||
|
Consumer Staples |
8.8 | % | ||
|
Energy |
6.6 | % | ||
|
Financials |
18.4 | % | ||
|
Health Care |
10.9 | % | ||
|
Industrials |
16.7 | % | ||
|
Information Technology |
7.6 | % | ||
|
Materials |
10.3 | % | ||
|
Real Estate |
1.1 | % | ||
|
Utilities |
3.6 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional International Core Equity 2 ETF |
| |||
|
Communication Services |
5.4 | % | ||
|
Consumer Discretionary |
11.9 | % | ||
|
Consumer Staples |
8.0 | % | ||
|
Energy |
6.7 | % | ||
|
Financials |
16.1 | % | ||
|
Health Care |
7.9 | % | ||
|
Industrials |
18.2 | % | ||
|
Information Technology |
7.5 | % | ||
|
Materials |
12.4 | % | ||
|
Real Estate |
2.4 | % | ||
|
Utilities |
3.5 | % | ||
|
|
|
|||
| 100.0 | % | |||
7
DIMENSIONAL ETF TRUST
DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)
| Dimensional International Small Cap Value ETF |
| |||
|
Communication Services |
3.6 | % | ||
|
Consumer Discretionary |
12.8 | % | ||
|
Consumer Staples |
4.9 | % | ||
|
Energy |
8.6 | % | ||
|
Financials |
18.4 | % | ||
|
Health Care |
3.6 | % | ||
|
Industrials |
20.3 | % | ||
|
Information Technology |
4.7 | % | ||
|
Materials |
18.6 | % | ||
|
Real Estate |
3.8 | % | ||
|
Utilities |
0.7 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional International Small Cap ETF |
| |||
|
Communication Services |
4.5 | % | ||
|
Consumer Discretionary |
12.5 | % | ||
|
Consumer Staples |
5.9 | % | ||
|
Energy |
6.1 | % | ||
|
Financials |
11.3 | % | ||
|
Health Care |
5.9 | % | ||
|
Industrials |
22.5 | % | ||
|
Information Technology |
10.7 | % | ||
|
Materials |
12.3 | % | ||
|
Real Estate |
4.5 | % | ||
|
Utilities |
3.8 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional International High Profitability ETF |
| |||
|
Communication Services |
7.9 | % | ||
|
Consumer Discretionary |
15.2 | % | ||
|
Consumer Staples |
9.8 | % | ||
|
Energy |
6.0 | % | ||
|
Financials |
5.1 | % | ||
|
Health Care |
12.5 | % | ||
|
Industrials |
17.4 | % | ||
|
Information Technology |
9.6 | % | ||
|
Materials |
13.9 | % | ||
|
Real Estate |
0.4 | % | ||
|
Utilities |
2.2 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional Emerging Core Equity Market ETF |
| |||
|
Communication Services |
8.5 | % | ||
|
Consumer Discretionary |
11.1 | % | ||
|
Consumer Staples |
5.6 | % | ||
|
Energy |
5.7 | % | ||
|
Financials |
19.8 | % | ||
|
Health Care |
3.7 | % | ||
|
Industrials |
7.8 | % | ||
|
Information Technology |
20.3 | % | ||
|
Materials |
11.8 | % | ||
|
Real Estate |
2.7 | % | ||
|
Utilities |
3.0 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional Emerging Markets High Profitability ETF |
| |||
|
Communication Services |
14.8 | % | ||
|
Consumer Discretionary |
10.0 | % | ||
|
Consumer Staples |
9.1 | % | ||
|
Energy |
5.4 | % | ||
|
Financials |
4.2 | % | ||
|
Health Care |
2.8 | % | ||
|
Industrials |
5.3 | % | ||
|
Information Technology |
28.3 | % | ||
|
Materials |
17.2 | % | ||
|
Real Estate |
2.1 | % | ||
|
Utilities |
0.8 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional Emerging Markets Value ETF |
| |||
|
Communication Services |
3.0 | % | ||
|
Consumer Discretionary |
7.7 | % | ||
|
Consumer Staples |
2.5 | % | ||
|
Energy |
13.1 | % | ||
|
Financials |
28.0 | % | ||
|
Health Care |
2.2 | % | ||
|
Industrials |
8.2 | % | ||
|
Information Technology |
11.3 | % | ||
|
Materials |
17.5 | % | ||
|
Real Estate |
5.4 | % | ||
|
Utilities |
1.1 | % | ||
|
|
|
|||
| 100.0 | % | |||
| Dimensional Emerging Markets Core Equity 2 ETF |
| |||
|
Communication Services |
8.5 | % | ||
|
Consumer Discretionary |
9.4 | % | ||
|
Consumer Staples |
6.3 | % | ||
|
Energy |
5.2 | % | ||
|
Financials |
16.0 | % | ||
|
Health Care |
4.6 | % | ||
|
Industrials |
9.1 | % | ||
|
Information Technology |
21.1 | % | ||
|
Materials |
14.1 | % | ||
|
Real Estate |
3.3 | % | ||
|
Utilities |
2.4 | % | ||
|
|
|
|||
| 100.0 | % | |||
8
DIMENSIONAL US CORE EQUITY MARKET ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (99.3%) |
||||||||||||||
|
COMMUNICATION SERVICES — (7.5%) |
||||||||||||||
|
* |
Alphabet, Inc., Class A |
13,171 | $ | 30,058,724 | 1.6% | |||||||||
|
* |
Alphabet, Inc., Class C |
12,745 | 29,304,961 | 1.5% | ||||||||||
|
Comcast Corp., Class A |
230,364 | 9,159,273 | 0.5% | |||||||||||
|
* |
Meta Platforms, Inc., Class A |
107,125 | 21,475,349 | 1.1% | ||||||||||
|
Verizon Communications, Inc. |
239,928 | 11,108,666 | 0.6% | |||||||||||
|
* |
Walt Disney Co. (The) |
62,170 | 6,940,037 | 0.4% | ||||||||||
|
Other Securities |
37,071,760 | 1.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL COMMUNICATION SERVICES |
145,118,770 | 7.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CONSUMER DISCRETIONARY — (11.4%) |
||||||||||||||
|
* |
Amazon.com, Inc. |
19,507 | 48,487,184 | 2.5% | ||||||||||
|
Home Depot, Inc. (The) |
45,859 | 13,776,044 | 0.7% | |||||||||||
|
Lowe’s Cos., Inc. |
34,305 | 6,783,128 | 0.4% | |||||||||||
|
McDonald’s Corp. |
36,053 | 8,982,965 | 0.5% | |||||||||||
|
Target Corp. |
31,892 | 7,292,106 | 0.4% | |||||||||||
|
* |
Tesla, Inc. |
35,071 | 30,538,424 | 1.6% | ||||||||||
|
Other Securities |
103,487,502 | 5.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CONSUMER DISCRETIONARY |
219,347,353 | 11.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CONSUMER STAPLES — (6.9%) |
||||||||||||||
|
Coca-Cola Co. (The) |
189,738 | 12,258,972 | 0.6% | |||||||||||
|
Costco Wholesale Corp. |
20,105 | 10,690,231 | 0.6% | |||||||||||
|
PepsiCo., Inc. |
73,647 | 12,645,926 | 0.7% | |||||||||||
|
Philip Morris International, Inc. |
69,862 | 6,986,200 | 0.4% | |||||||||||
|
Procter & Gamble Co. (The) |
121,620 | 19,526,091 | 1.0% | |||||||||||
|
Walmart, Inc. |
76,219 | 11,660,745 | 0.6% | |||||||||||
|
Other Securities |
59,609,448 | 3.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CONSUMER STAPLES |
133,377,613 | 6.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ENERGY — (5.0%) |
||||||||||||||
|
Chevron Corp. |
85,168 | 13,343,271 | 0.7% | |||||||||||
|
Exxon Mobil Corp. |
195,533 | 16,669,188 | 0.9% | |||||||||||
|
Other Securities |
66,495,456 | 3.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL ENERGY |
96,507,915 | 5.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FINANCIALS — (12.6%) |
||||||||||||||
|
Bank of America Corp. |
332,069 | 11,848,222 | 0.6% | |||||||||||
|
* |
Berkshire Hathaway, Inc., Class B |
71,726 | 23,155,305 | 1.2% | ||||||||||
|
JPMorgan Chase & Co. |
143,296 | 17,103,811 | 0.9% | |||||||||||
|
Wells Fargo & Co. |
168,381 | 7,346,463 | 0.4% | |||||||||||
|
Other Securities |
184,385,955 | 9.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL FINANCIALS |
243,839,756 | 12.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
HEALTH CARE — (12.6%) |
||||||||||||||
|
AbbVie, Inc. |
96,979 | 14,244,276 | 0.8% | |||||||||||
|
Bristol-Myers Squibb Co. |
100,623 | 7,573,893 | 0.4% | |||||||||||
|
CVS Health Corp. |
76,435 | 7,347,697 | 0.4% | |||||||||||
|
Eli Lilly & Co. |
37,907 | 11,073,772 | 0.6% | |||||||||||
|
Johnson & Johnson |
133,811 | 24,147,533 | 1.3% | |||||||||||
|
Merck & Co., Inc. |
90,366 | 8,014,561 | 0.4% | |||||||||||
|
Pfizer, Inc. |
255,058 | 12,515,696 | 0.7% | |||||||||||
|
Thermo Fisher Scientific, Inc. |
12,658 | 6,998,861 | 0.4% | |||||||||||
9
DIMENSIONAL US CORE EQUITY MARKET ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
HEALTH CARE — (Continued) |
||||||||||||||
|
UnitedHealth Group, Inc. |
44,193 | $ | 22,474,350 | 1.2% | ||||||||||
|
Other Securities |
129,577,772 | 6.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL HEALTH CARE |
243,968,411 | 12.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
INDUSTRIALS — (10.4%) |
||||||||||||||
|
Caterpillar, Inc. |
32,661 | 6,876,447 | 0.4% | |||||||||||
|
Raytheon Technologies Corp. |
76,239 | 7,235,843 | 0.4% | |||||||||||
|
Union Pacific Corp. |
38,465 | 9,011,965 | 0.5% | |||||||||||
|
United Parcel Service, Inc., Class B |
39,980 | 7,195,600 | 0.4% | |||||||||||
|
Other Securities |
170,721,355 | 8.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INDUSTRIALS |
201,041,210 | 10.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
INFORMATION TECHNOLOGY — (25.4%) |
||||||||||||||
|
Accenture PLC, Class A |
25,298 | 7,598,507 | 0.4% | |||||||||||
|
Apple, Inc. |
752,640 | 118,653,696 | 6.2% | |||||||||||
|
Broadcom, Inc. |
23,625 | 13,097,464 | 0.7% | |||||||||||
|
Cisco Systems, Inc. |
204,643 | 10,023,414 | 0.5% | |||||||||||
|
Intel Corp. |
250,220 | 10,907,090 | 0.6% | |||||||||||
|
Mastercard, Inc., Class A |
45,038 | 16,365,908 | 0.9% | |||||||||||
|
Microsoft Corp. |
325,363 | 90,294,740 | 4.7% | |||||||||||
|
NVIDIA Corp. |
100,045 | 18,555,346 | 1.0% | |||||||||||
|
QUALCOMM, Inc. |
56,333 | 7,869,157 | 0.4% | |||||||||||
|
Texas Instruments, Inc. |
48,777 | 8,304,284 | 0.4% | |||||||||||
|
Visa, Inc., Class A |
81,051 | 17,274,400 | 0.9% | |||||||||||
|
Other Securities |
171,713,838 | 8.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INFORMATION TECHNOLOGY |
490,657,844 | 25.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
MATERIALS — (3.8%) |
||||||||||||||
|
Linde PLC |
24,129 | 7,527,283 | 0.4% | |||||||||||
|
Other Securities |
66,530,807 | 3.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL MATERIALS |
74,058,090 | 3.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
REAL ESTATE — (0.2%) |
||||||||||||||
|
Other Securities |
3,995,570 | 0.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UTILITIES — (3.5%) |
||||||||||||||
|
NextEra Energy, Inc. |
97,723 | 6,940,287 | 0.4% | |||||||||||
|
Other Securities |
59,443,106 | 3.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL UTILITIES |
66,383,393 | 3.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL COMMON STOCK |
1,918,295,925 | 99.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
RIGHTS/WARRANTS — (0.0%) |
||||||||||||||
|
HEALTH CARE — (0.0%) |
||||||||||||||
|
Other Securities |
1,229 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL RIGHTS/WARRANTS |
1,229 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENT SECURITIES — (99.3%) |
||||||||||||||
|
(Cost $1,968,656,177) |
1,918,297,154 | |||||||||||||
|
|
|
|||||||||||||
|
SECURITIES LENDING COLLATERAL — (0.7%) |
||||||||||||||
|
@§ |
The DFA Short Term Investment Fund |
1,192,832 | 13,800,475 | 0.7% | ||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENTS — 100.0% |
||||||||||||||
|
(Cost $1,982,456,652) |
1,932,097,629 | 100.6% | ||||||||||||
|
|
|
|
|
|||||||||||
10
DIMENSIONAL US CORE EQUITY MARKET ETF
CONTINUED
Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):
| Investments in Securities (Market Value) | ||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Common Stocks |
||||||||||||||||
|
Communication Services |
$ | 145,118,770 | $ | — | $ | — | $ | 145,118,770 | ||||||||
|
Consumer Discretionary |
219,347,353 | — | — | 219,347,353 | ||||||||||||
|
Consumer Staples |
133,377,613 | — | — | 133,377,613 | ||||||||||||
|
Energy |
96,507,915 | — | — | 96,507,915 | ||||||||||||
|
Financials |
243,839,756 | — | — | 243,839,756 | ||||||||||||
|
Health Care |
243,968,411 | — | — | 243,968,411 | ||||||||||||
|
Industrials |
201,041,210 | — | — | 201,041,210 | ||||||||||||
|
Information Technology |
490,657,844 | — | — | 490,657,844 | ||||||||||||
|
Materials |
74,058,090 | — | — | 74,058,090 | ||||||||||||
|
Real Estate |
3,995,570 | — | — | 3,995,570 | ||||||||||||
|
Utilities |
66,383,393 | — | — | 66,383,393 | ||||||||||||
|
Rights/Warrants |
||||||||||||||||
|
Health Care |
— | 1,229 | — | 1,229 | ||||||||||||
|
Collateral for Securities on Loan |
13,800,475 | — | — | 13,800,475 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 1,932,096,400 | $ | 1,229 | $ | — | $ | 1,932,097,629 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements.
11
DIMENSIONAL US HIGH PROFITABILITY ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (100.0%) |
||||||||||||||
|
COMMUNICATION SERVICES — (3.3%) |
||||||||||||||
|
* |
Charter Communications, Inc., Class A |
3,494 | $ | 1,497,144 | 0.7% | |||||||||
|
Verizon Communications, Inc. |
114,353 | 5,294,544 | 2.3% | |||||||||||
|
Other Securities |
757,456 | 0.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL COMMUNICATION SERVICES |
7,549,144 | 3.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CONSUMER DISCRETIONARY — (17.5%) |
||||||||||||||
|
* |
Amazon.com, Inc. |
3,258 | 8,098,183 | 3.5% | ||||||||||
|
Home Depot, Inc. (The) |
19,556 | 5,874,622 | 2.6% | |||||||||||
|
Lowe’s Cos., Inc. |
12,250 | 2,422,192 | 1.1% | |||||||||||
|
* |
Lululemon Athletica, Inc. |
4,779 | 1,694,777 | 0.7% | ||||||||||
|
NIKE, Inc., Class B |
24,819 | 3,094,929 | 1.4% | |||||||||||
|
Ross Stores, Inc. |
20,769 | 2,072,123 | 0.9% | |||||||||||
|
Target Corp. |
13,928 | 3,184,637 | 1.4% | |||||||||||
|
TJX Cos, Inc. (The) |
32,767 | 2,007,962 | 0.9% | |||||||||||
|
Other Securities |
11,252,755 | 4.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CONSUMER DISCRETIONARY |
39,702,180 | 17.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CONSUMER STAPLES — (12.3%) |
||||||||||||||
|
Altria Group, Inc. |
34,444 | 1,914,053 | 0.8% | |||||||||||
|
Coca-Cola Co. (The) |
56,546 | 3,653,437 | 1.6% | |||||||||||
|
Costco Wholesale Corp. |
8,860 | 4,711,039 | 2.1% | |||||||||||
|
Kroger Co. (The) |
38,134 | 2,057,711 | 0.9% | |||||||||||
|
PepsiCo., Inc. |
32,177 | 5,525,113 | 2.4% | |||||||||||
|
Procter & Gamble Co. (The) |
20,852 | 3,347,789 | 1.5% | |||||||||||
|
Other Securities |
6,840,468 | 3.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CONSUMER STAPLES |
28,049,610 | 12.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ENERGY — (1.3%) |
||||||||||||||
|
Occidental Petroleum Corp. |
51,215 | 2,821,434 | 1.2% | |||||||||||
|
Other Securities |
144,050 | 0.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL ENERGY |
2,965,484 | 1.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FINANCIALS — (5.1%) |
||||||||||||||
|
American Express Co. |
16,134 | 2,818,771 | 1.2% | |||||||||||
|
Ameriprise Financial, Inc. |
6,231 | 1,654,268 | 0.7% | |||||||||||
|
Aon PLC, Class A |
5,052 | 1,454,926 | 0.7% | |||||||||||
|
Discover Financial Services |
14,734 | 1,656,986 | 0.7% | |||||||||||
|
S&P Global, Inc. |
4,036 | 1,519,554 | 0.7% | |||||||||||
|
Other Securities |
2,575,816 | 1.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL FINANCIALS |
11,680,321 | 5.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
HEALTH CARE — (11.4%) |
||||||||||||||
|
AbbVie, Inc. |
40,191 | 5,903,254 | 2.6% | |||||||||||
|
Amgen, Inc. |
13,441 | 3,134,307 | 1.4% | |||||||||||
|
Eli Lilly & Co. |
18,037 | 5,269,149 | 2.3% | |||||||||||
|
Gilead Sciences, Inc. |
36,257 | 2,151,491 | 0.9% | |||||||||||
|
Other Securities |
9,557,927 | 4.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL HEALTH CARE |
26,016,128 | 11.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
INDUSTRIALS — (14.7%) |
||||||||||||||
|
3M Co. |
16,463 | 2,374,294 | 1.0% | |||||||||||
|
Caterpillar, Inc. |
13,653 | 2,874,503 | 1.3% | |||||||||||
12
DIMENSIONAL US HIGH PROFITABILITY ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
INDUSTRIALS (Continued) |
||||||||||||||
|
Cintas Corp. |
5,285 | $ | 2,099,519 | 0.9% | ||||||||||
|
Deere & Co. |
7,301 | 2,756,493 | 1.2% | |||||||||||
|
* |
Delta Air Lines, Inc. |
37,659 | 1,620,467 | 0.7% | ||||||||||
|
Illinois Tool Works, Inc. |
7,053 | 1,390,217 | 0.6% | |||||||||||
|
Lockheed Martin Corp. |
7,062 | 3,051,631 | 1.3% | |||||||||||
|
Union Pacific Corp. |
17,950 | 4,205,505 | 1.8% | |||||||||||
|
United Parcel Service, Inc., Class B |
17,742 | 3,193,205 | 1.4% | |||||||||||
|
* |
United Rentals, Inc. |
4,608 | 1,458,524 | 0.6% | ||||||||||
|
Other Securities |
8,365,245 | 3.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INDUSTRIALS |
33,389,603 | 14.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
INFORMATION TECHNOLOGY — (29.5%) |
||||||||||||||
|
Accenture PLC, Class A |
13,608 | 4,087,299 | 1.8% | |||||||||||
|
Apple, Inc. |
63,820 | 10,061,223 | 4.4% | |||||||||||
|
Applied Materials, Inc. |
25,515 | 2,815,580 | 1.2% | |||||||||||
|
Automatic Data Processing, Inc. |
10,486 | 2,287,835 | 1.0% | |||||||||||
|
Broadcom, Inc. |
11,698 | 6,485,254 | 2.9% | |||||||||||
|
International Business Machines Corp. |
25,094 | 3,317,678 | 1.5% | |||||||||||
|
Mastercard, Inc., Class A |
16,818 | 6,111,325 | 2.7% | |||||||||||
|
Microsoft Corp. |
36,576 | 10,150,572 | 4.5% | |||||||||||
|
Oracle Corp. |
38,210 | 2,804,614 | 1.2% | |||||||||||
|
QUALCOMM, Inc. |
24,993 | 3,491,272 | 1.5% | |||||||||||
|
Texas Instruments, Inc. |
25,298 | 4,306,984 | 1.9% | |||||||||||
|
Other Securities |
11,281,813 | 4.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INFORMATION TECHNOLOGY |
67,201,449 | 29.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
MATERIALS — (4.7%) |
||||||||||||||
|
LyondellBasell Industries NV, Class A |
20,438 | 2,167,041 | 1.0% | |||||||||||
|
Nucor Corp. |
14,912 | 2,308,079 | 1.0% | |||||||||||
|
Sherwin-Williams Co. (The) |
5,730 | 1,575,521 | 0.7% | |||||||||||
|
Other Securities |
4,634,622 | 2.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL MATERIALS |
10,685,263 | 4.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UTILITIES — (0.2%) |
||||||||||||||
|
Other Securities |
471,977 | 0.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL Common Stocks |
||||||||||||||
|
(Cost $236,720,879) |
227,711,159 | 99.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENT SECURITIES — (100.0%) |
||||||||||||||
|
(Cost $236,720,879) |
227,711,159 | |||||||||||||
|
|
|
|||||||||||||
|
TOTAL INVESTMENTS — 100.0% |
||||||||||||||
|
(Cost $236,720,879) |
227,711,159 | 99.8% | ||||||||||||
|
|
|
|
|
|||||||||||
13
DIMENSIONAL US HIGH PROFITABILITY ETF
CONTINUED
Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):
| Investments in Securities (Market Value) | ||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Common Stocks |
||||||||||||||||
|
Communication Services |
$ | 7,549,144 | $ | — | $ | — | $ | 7,549,144 | ||||||||
|
Consumer Discretionary |
39,702,180 | — | — | 39,702,180 | ||||||||||||
|
Consumer Staples |
28,049,610 | — | — | 28,049,610 | ||||||||||||
|
Energy |
2,965,484 | — | — | 2,965,484 | ||||||||||||
|
Financials |
11,680,321 | — | — | 11,680,321 | ||||||||||||
|
Health Care |
26,016,128 | — | — | 26,016,128 | ||||||||||||
|
Industrials |
33,389,603 | — | — | 33,389,603 | ||||||||||||
|
Information Technology |
67,201,449 | — | — | 67,201,449 | ||||||||||||
|
Materials |
10,685,263 | — | — | 10,685,263 | ||||||||||||
|
Utilities |
471,977 | — | — | 471,977 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 227,711,159 | $ | — | $ | — | $ | 227,711,159 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements.
14
DIMENSIONAL US REAL ESTATE ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (100.0%) |
||||||||||||||
|
REAL ESTATE — (100.0%) |
||||||||||||||
|
Alexandria Real Estate Equities, Inc. |
6,351 | $ | 1,156,898 | 1.9% | ||||||||||
|
American Campus Communities, Inc. |
5,715 | 369,589 | 0.6% | |||||||||||
|
American Homes 4 Rent, Class A |
13,683 | 541,984 | 0.9% | |||||||||||
|
American Tower Corp. |
19,073 | 4,596,974 | 7.7% | |||||||||||
|
Americold Realty Trust |
11,191 | 295,219 | 0.5% | |||||||||||
|
Apartment Income REIT Corp. |
6,578 | 323,440 | 0.5% | |||||||||||
|
AvalonBay Communities, Inc. |
5,843 | 1,329,166 | 2.2% | |||||||||||
|
Boston Properties, Inc. |
6,211 | 730,414 | 1.2% | |||||||||||
|
Brixmor Property Group, Inc. |
12,501 | 317,275 | 0.5% | |||||||||||
|
Camden Property Trust |
4,327 | 678,863 | 1.1% | |||||||||||
|
Crown Castle International Corp. |
18,104 | 3,353,042 | 5.6% | |||||||||||
|
CubeSmart |
9,160 | 435,192 | 0.7% | |||||||||||
|
Digital Realty Trust, Inc. |
11,925 | 1,742,481 | 2.9% | |||||||||||
|
Duke Realty Corp. |
16,097 | 881,311 | 1.5% | |||||||||||
|
EastGroup Properties, Inc. |
1,748 | 327,750 | 0.6% | |||||||||||
|
Equinix, Inc. |
3,818 | 2,745,447 | 4.6% | |||||||||||
|
Equity LifeStyle Properties, Inc. |
7,406 | 572,336 | 1.0% | |||||||||||
|
Equity Residential |
14,975 | 1,220,462 | 2.0% | |||||||||||
|
Essex Property Trust, Inc. |
2,715 | 893,968 | 1.5% | |||||||||||
|
Extra Space Storage, Inc. |
5,612 | 1,066,280 | 1.8% | |||||||||||
|
Federal Realty Investment Trust |
2,945 | 344,742 | 0.6% | |||||||||||
|
First Industrial Realty Trust, Inc. |
5,520 | 320,160 | 0.5% | |||||||||||
|
Gaming and Leisure Properties, Inc. |
9,845 | 436,921 | 0.7% | |||||||||||
|
Healthcare Trust of America, Inc., Class A |
9,294 | 283,095 | 0.5% | |||||||||||
|
Healthpeak Properties, Inc. |
22,758 | 746,690 | 1.3% | |||||||||||
|
Host Hotels & Resorts, Inc. |
30,131 | 613,166 | 1.0% | |||||||||||
|
Invitation Homes, Inc. |
25,317 | 1,008,123 | 1.7% | |||||||||||
|
Iron Mountain, Inc. |
12,147 | 652,658 | 1.1% | |||||||||||
|
Kilroy Realty Corp. |
4,416 | 309,120 | 0.5% | |||||||||||
|
Kimco Realty Corp. |
24,671 | 624,916 | 1.0% | |||||||||||
|
Lamar Advertising Co., Class A |
3,634 | 401,230 | 0.7% | |||||||||||
|
Life Storage, Inc. |
3,452 | 457,355 | 0.8% | |||||||||||
|
Medical Properties Trust, Inc. |
25,111 | 461,791 | 0.8% | |||||||||||
|
Mid-America Apartment Communities, Inc. |
4,830 | 949,964 | 1.6% | |||||||||||
|
National Retail Properties, Inc. |
7,360 | 322,662 | 0.5% | |||||||||||
|
Prologis, Inc. |
31,005 | 4,969,791 | 8.3% | |||||||||||
|
Public Storage |
6,624 | 2,460,816 | 4.1% | |||||||||||
|
Realty Income Corp. |
24,302 | 1,685,587 | 2.8% | |||||||||||
|
Regency Centers Corp. |
6,441 | 443,334 | 0.7% | |||||||||||
|
Rexford Industrial Realty, Inc. |
6,721 | 524,507 | 0.9% | |||||||||||
|
SBA Communications Corp. |
4,554 | 1,580,739 | 2.6% | |||||||||||
|
Simon Property Group, Inc. |
14,368 | 1,695,424 | 2.8% | |||||||||||
|
STAG Industrial, Inc. |
7,453 | 278,146 | 0.5% | |||||||||||
|
STORE Capital Corp. |
10,305 | 292,971 | 0.5% | |||||||||||
|
Sun Communities, Inc. |
5,011 | 879,781 | 1.5% | |||||||||||
|
UDR, Inc. |
13,380 | 711,950 | 1.2% | |||||||||||
|
Ventas, Inc. |
16,769 | 931,518 | 1.6% | |||||||||||
|
VICI Properties, Inc. |
38,513 | 1,148,060 | 1.9% | |||||||||||
|
Welltower, Inc. |
18,777 | 1,705,139 | 2.9% | |||||||||||
|
WP Carey, Inc. |
8,005 | 646,564 | 1.1% | |||||||||||
|
Other Securities |
8,307,566 | 13.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL REAL ESTATE |
59,772,577 | 99.9% | ||||||||||||
|
|
|
|
|
|||||||||||
15
DIMENSIONAL US REAL ESTATE ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
TOTAL Common Stocks |
||||||||||||||
|
(Cost $60,284,432) |
$ | 59,772,577 | 99.9% | |||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENT SECURITIES — (100.0%) |
||||||||||||||
|
(Cost $60,284,432) |
59,772,577 | |||||||||||||
|
|
|
|||||||||||||
|
TOTAL INVESTMENTS — 100.0% |
||||||||||||||
|
(Cost $60,284,432) |
59,772,577 | 99.9% | ||||||||||||
|
|
|
|
|
|||||||||||
Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):
| Investments in Securities (Market Value) | ||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Common Stocks |
||||||||||||||||
|
Real Estate |
$ | 59,772,577 | $ | — | $ | — | $ | 59,772,577 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 59,772,577 | $ | — | $ | — | $ | 59,772,577 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements.
16
DIMENSIONAL US SMALL CAP VALUE ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (100.0%) |
||||||||||||||
|
COMMUNICATION SERVICES — (2.4%) |
||||||||||||||
|
Other Securities |
$ | 1,145,652 | 2.4% | |||||||||||
|
|
|
|
|
|||||||||||
|
CONSUMER DISCRETIONARY — (13.1%) |
||||||||||||||
|
* |
AutoNation, Inc. |
2,273 | 263,463 | 0.5% | ||||||||||
|
Foot Locker, Inc. |
7,798 | 228,559 | 0.5% | |||||||||||
|
* |
Goodyear Tire & Rubber Co. (The) |
22,208 | 295,811 | 0.6% | ||||||||||
|
MDC Holdings, Inc. |
6,058 | 223,601 | 0.5% | |||||||||||
|
Penske Automotive Group, Inc. |
2,622 | 274,838 | 0.6% | |||||||||||
|
* |
Taylor Morrison Home Corp. |
10,460 | 273,947 | 0.6% | ||||||||||
|
Other Securities |
4,802,553 | 9.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CONSUMER DISCRETIONARY |
6,362,772 | 13.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CONSUMER STAPLES — (4.1%) |
||||||||||||||
|
* |
Hostess Brands, Inc. |
11,333 | 257,146 | 0.5% | ||||||||||
|
Ingredion, Inc. |
2,675 | 227,669 | 0.5% | |||||||||||
|
* |
United Natural Foods, Inc. |
5,134 | 220,403 | 0.5% | ||||||||||
|
Other Securities |
1,263,713 | 2.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CONSUMER STAPLES |
1,968,931 | 4.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ENERGY — (10.4%) |
||||||||||||||
|
* |
Antero Resources Corp. |
8,674 | 305,325 | 0.6% | ||||||||||
|
* |
CNX Resources Corp. |
14,069 | 289,118 | 0.6% | ||||||||||
|
Helmerich & Payne, Inc. |
4,802 | 221,036 | 0.5% | |||||||||||
|
Murphy Oil Corp. |
11,349 | 432,170 | 0.9% | |||||||||||
|
PDC Energy, Inc. |
7,427 | 517,959 | 1.1% | |||||||||||
|
Other Securities |
3,293,438 | 6.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL ENERGY |
5,059,046 | 10.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FINANCIALS — (27.1%) |
||||||||||||||
|
American Equity Investment Life Holding Co. |
8,349 | 314,924 | 0.7% | |||||||||||
|
Associated Banc-Corp. |
11,944 | 238,283 | 0.5% | |||||||||||
|
Assured Guaranty, Ltd. |
4,189 | 231,023 | 0.5% | |||||||||||
|
Bank OZK |
8,133 | 312,470 | 0.6% | |||||||||||
|
* |
Enstar Group, Ltd. |
906 | 213,590 | 0.4% | ||||||||||
|
FNB Corp. |
25,321 | 291,698 | 0.6% | |||||||||||
|
Fulton Financial Corp. |
14,196 | 215,353 | 0.4% | |||||||||||
|
International Bancshares Corp. |
6,322 | 251,552 | 0.5% | |||||||||||
|
Navient Corp. |
16,082 | 255,543 | 0.5% | |||||||||||
|
Nelnet, Inc., Class A |
3,163 | 259,587 | 0.5% | |||||||||||
|
New York Community BanCorp, Inc. |
27,354 | 252,751 | 0.5% | |||||||||||
|
Old National BanCorp |
17,593 | 266,710 | 0.6% | |||||||||||
|
Popular, Inc. |
3,935 | 306,891 | 0.6% | |||||||||||
|
United Bankshares, Inc. |
7,371 | 245,159 | 0.5% | |||||||||||
|
Unum Group |
11,878 | 362,517 | 0.8% | |||||||||||
|
Valley National BanCorp |
23,722 | 284,190 | 0.6% | |||||||||||
|
Washington Federal, Inc. |
7,064 | 214,958 | 0.4% | |||||||||||
|
Other Securities |
8,612,780 | 17.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL FINANCIALS |
13,129,979 | 27.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
HEALTH CARE — (4.7%) |
||||||||||||||
|
* |
Acadia Healthcare Co., Inc. |
6,487 | 440,338 | 0.9% | ||||||||||
|
Other Securities |
1,814,471 | 3.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL HEALTH CARE |
2,254,809 | 4.6% | ||||||||||||
|
|
|
|
|
|||||||||||
17
DIMENSIONAL US SMALL CAP VALUE ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
INDUSTRIALS — (21.3%) |
||||||||||||||
|
ABM Industries, Inc. |
5,025 | $ | 242,557 | 0.5% | ||||||||||
|
Air Lease Corp. |
8,085 | 325,664 | 0.7% | |||||||||||
|
* |
Beacon Roofing Supply, Inc. |
5,052 | 301,251 | 0.6% | ||||||||||
|
* |
CACI International, Inc., Class A |
914 | 242,484 | 0.5% | ||||||||||
|
INDUSTRIALS (Continued) |
| |||||||||||||
|
Encore Wire Corp. |
1,984 | 223,815 | 0.5% | |||||||||||
|
GATX Corp. |
2,861 | 295,799 | 0.6% | |||||||||||
|
Triton International, Ltd. |
5,306 | 324,144 | 0.7% | |||||||||||
|
* |
Univar Solutions, Inc. |
7,801 | 227,165 | 0.5% | ||||||||||
|
* |
WESCO International, Inc. |
3,527 | 434,738 | 0.9% | ||||||||||
|
Other Securities |
7,692,301 | 15.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INDUSTRIALS |
10,309,918 | 21.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
INFORMATION TECHNOLOGY — (7.3%) |
||||||||||||||
|
Amkor Technology, Inc. |
19,133 | 359,892 | 0.7% | |||||||||||
|
Avnet, Inc. |
5,101 | 222,710 | 0.5% | |||||||||||
|
* |
Insight Enterprises, Inc. |
2,571 | 255,480 | 0.5% | ||||||||||
|
* |
Sanmina Corp. |
6,164 | 252,046 | 0.5% | ||||||||||
|
Other Securities |
2,426,837 | 5.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INFORMATION TECHNOLOGY |
3,516,965 | 7.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
MATERIALS — (8.0%) |
||||||||||||||
|
Ashland Global Holdings, Inc. |
2,124 | 222,956 | 0.5% | |||||||||||
|
Commercial Metals Co. |
9,227 | 378,307 | 0.8% | |||||||||||
|
Element Solutions, Inc. |
18,665 | 384,872 | 0.8% | |||||||||||
|
United States Steel Corp. |
7,777 | 237,121 | 0.5% | |||||||||||
|
Other Securities |
2,642,393 | 5.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL MATERIALS |
3,865,649 | 8.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
REAL ESTATE — (0.8%) |
||||||||||||||
|
* |
Howard Hughes Corp. (The) |
2,115 | 212,113 | 0.5% | ||||||||||
|
Other Securities |
200,311 | 0.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL REAL ESTATE |
412,424 | 0.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UTILITIES — (0.8%) |
||||||||||||||
|
Other Securities |
406,231 | 0.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL Common Stocks |
||||||||||||||
|
(Cost $50,702,887) |
48,432,376 | 99.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENT SECURITIES — (100.0%) |
||||||||||||||
|
(Cost $50,702,887) |
48,432,376 | |||||||||||||
|
|
|
|||||||||||||
|
TOTAL INVESTMENTS — 100.0% |
||||||||||||||
|
(Cost $50,702,887) |
$ | 48,432,376 | 99.9% | |||||||||||
|
|
|
|
|
|||||||||||
18
DIMENSIONAL US SMALL CAP VALUE ETF
CONTINUED
Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):
| Investments in Securities (Market Value) | ||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Common Stocks |
||||||||||||||||
|
Communication Services |
$ | 1,145,652 | $ | — | $ | — | $ | 1,145,652 | ||||||||
|
Consumer Discretionary |
6,362,772 | — | — | 6,362,772 | ||||||||||||
|
Consumer Staples |
1,968,931 | — | — | 1,968,931 | ||||||||||||
|
Energy |
5,059,046 | — | — | 5,059,046 | ||||||||||||
|
Financials |
13,129,979 | — | — | 13,129,979 | ||||||||||||
|
Health Care |
2,254,809 | — | — | 2,254,809 | ||||||||||||
|
Industrials |
10,309,918 | — | — | 10,309,918 | ||||||||||||
|
Information Technology |
3,516,965 | — | — | 3,516,965 | ||||||||||||
|
Materials |
3,865,649 | — | — | 3,865,649 | ||||||||||||
|
Real Estate |
412,424 | — | — | 412,424 | ||||||||||||
|
Utilities |
406,231 | — | — | 406,231 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 48,432,376 | $ | — | $ | — | $ | 48,432,376 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements.
19
DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (97.1%) |
| |||||||||||||
|
AUSTRALIA — (7.5%) |
| |||||||||||||
|
BHP Group, Ltd. |
168,717 | $ | 5,772,176 | 0.4% | ||||||||||
|
# |
BHP Group, Ltd., Sponsored ADR |
106,662 | 7,144,221 | 0.5% | ||||||||||
|
Commonwealth Bank of Australia |
115,793 | 8,548,123 | 0.6% | |||||||||||
|
CSL, Ltd. |
36,741 | 7,135,873 | 0.5% | |||||||||||
|
National Australia Bank, Ltd. |
278,644 | 6,461,350 | 0.5% | |||||||||||
|
Other Securities |
75,743,546 | 5.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL AUSTRALIA |
110,805,289 | 7.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
AUSTRIA — (0.2%) |
| |||||||||||||
|
Other Securities |
3,400,383 | 0.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
BELGIUM — (0.8%) |
| |||||||||||||
|
Other Securities |
11,937,741 | 0.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CANADA — (11.5%) |
| |||||||||||||
|
# |
Canadian Natural Resources, Ltd. |
78,513 | 4,857,599 | 0.3% | ||||||||||
|
Enbridge, Inc. |
109,326 | 4,770,987 | 0.3% | |||||||||||
|
# |
Royal Bank of Canada |
49,125 | 4,987,261 | 0.4% | ||||||||||
|
Royal Bank of Canada |
60,650 | 6,127,470 | 0.4% | |||||||||||
|
# |
Toronto-Dominion Bank (The) |
65,677 | 4,744,507 | 0.3% | ||||||||||
|
Other Securities |
145,708,661 | 10.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CANADA |
171,196,485 | 11.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CHINA — (0.0%) |
| |||||||||||||
|
Other Securities |
2,274 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
DENMARK — (2.3%) |
| |||||||||||||
|
Novo Nordisk A/S, Class B |
121,797 | 14,030,846 | 1.0% | |||||||||||
|
Other Securities |
19,953,096 | 1.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL DENMARK |
33,983,942 | 2.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FINLAND — (1.3%) |
| |||||||||||||
|
Other Securities |
19,149,611 | 1.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FRANCE — (8.5%) |
| |||||||||||||
|
Air Liquide SA |
30,816 | 5,375,107 | 0.4% | |||||||||||
|
Airbus SE |
44,168 | 4,917,651 | 0.4% | |||||||||||
|
BNP Paribas SA |
104,779 | 5,494,235 | 0.4% | |||||||||||
|
L’Oreal SA |
13,269 | 4,883,959 | 0.3% | |||||||||||
|
LVMH Moet Hennessy Louis Vuitton SE |
22,047 | 14,408,664 | 1.0% | |||||||||||
|
# |
Sanofi |
68,073 | 7,266,118 | 0.5% | ||||||||||
|
TotalEnergies SE |
194,612 | 9,695,595 | 0.7% | |||||||||||
|
# |
Vinci SA |
48,592 | 4,759,187 | 0.3% | ||||||||||
|
Other Securities |
69,542,284 | 4.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL FRANCE |
126,342,800 | 8.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
GERMANY — (6.9%) |
| |||||||||||||
|
Allianz SE, Registered |
32,447 | 7,400,535 | 0.5% | |||||||||||
|
* |
Bayer AG, Registered |
75,585 | 5,015,557 | 0.4% | ||||||||||
|
Deutsche Telekom AG |
300,296 | 5,566,141 | 0.4% | |||||||||||
|
SAP SE |
67,453 | 6,942,341 | 0.5% | |||||||||||
|
Siemens AG, Registered |
40,864 | 5,077,446 | 0.4% | |||||||||||
20
DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
GERMANY — (Continued) |
| |||||||||||||
|
Other Securities |
$ | 73,363,160 | 4.9% | |||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL GERMANY |
103,365,180 | 7.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
HONG KONG — (2.4%) |
| |||||||||||||
|
AIA Group, Ltd. |
812,600 | 8,052,312 | 0.6% | |||||||||||
|
Other Securities |
27,549,507 | 1.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL HONG KONG |
35,601,819 | 2.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
IRELAND — (0.5%) |
| |||||||||||||
|
Other Securities |
8,144,468 | 0.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ISRAEL — (0.7%) |
| |||||||||||||
|
Other Securities |
10,791,169 | 0.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ITALY — (2.2%) |
| |||||||||||||
|
Other Securities |
32,730,046 | 2.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
JAPAN — (20.8%) |
| |||||||||||||
|
Astellas Pharma, Inc. |
360,200 | 5,499,194 | 0.4% | |||||||||||
|
ITOCHU Corp. |
157,400 | 4,776,913 | 0.3% | |||||||||||
|
KDDI Corp. |
144,000 | 4,818,154 | 0.4% | |||||||||||
|
Mitsubishi UFJ Financial Group, Inc. |
1,135,500 | 6,610,896 | 0.5% | |||||||||||
|
Recruit Holdings Co., Ltd. |
137,700 | 5,120,705 | 0.4% | |||||||||||
|
SoftBank Corp. |
493,500 | 5,770,705 | 0.4% | |||||||||||
|
Sony Group Corp. |
103,500 | 8,963,183 | 0.6% | |||||||||||
|
Toyota Motor Corp. |
831,700 | 14,350,612 | 1.0% | |||||||||||
|
Other Securities |
252,898,446 | 17.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL JAPAN |
308,808,808 | 21.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NETHERLANDS — (3.5%) |
| |||||||||||||
|
ASML Holding NV |
10,682 | 6,175,413 | 0.4% | |||||||||||
|
ASML Holding NV, Sponsored NYS |
17,735 | 9,998,461 | 0.7% | |||||||||||
|
Koninklijke Ahold Delhaize NV |
154,645 | 4,582,690 | 0.3% | |||||||||||
|
Other Securities |
31,177,469 | 2.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL NETHERLANDS |
51,934,033 | 3.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NEW ZEALAND — (0.3%) |
| |||||||||||||
|
Other Securities |
4,285,370 | 0.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NORWAY — (0.9%) |
| |||||||||||||
|
Other Securities |
13,009,077 | 0.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
PORTUGAL — (0.2%) |
| |||||||||||||
|
Other Securities |
2,527,845 | 0.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SINGAPORE — (0.9%) |
| |||||||||||||
|
Other Securities |
13,109,952 | 0.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SPAIN — (1.9%) |
| |||||||||||||
|
Iberdrola SA |
424,712 | 4,933,041 | 0.4% | |||||||||||
|
Other Securities |
23,921,391 | 1.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL SPAIN |
28,854,432 | 2.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SWEDEN — (3.0%) |
| |||||||||||||
|
Other Securities |
44,358,808 | 3.0% | ||||||||||||
|
|
|
|
|
|||||||||||
21
DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
SWITZERLAND — (8.3%) |
| |||||||||||||
|
Nestle SA, Registered |
192,287 | $ | 24,960,760 | 1.7% | ||||||||||
|
Novartis AG, Sponsored ADR |
94,962 | 8,359,505 | 0.6% | |||||||||||
|
Novartis AG, Registered |
54,625 | 4,868,499 | 0.3% | |||||||||||
|
Roche Holding AG |
52,688 | 19,671,490 | 1.4% | |||||||||||
|
Other Securities |
65,498,581 | 4.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL SWITZERLAND |
123,358,835 | 8.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UNITED KINGDOM — (12.5%) |
| |||||||||||||
|
AstraZeneca PLC |
92,563 | 12,420,758 | 0.9% | |||||||||||
|
BP PLC |
1,501,441 | 7,380,907 | 0.5% | |||||||||||
|
British American Tobacco PLC |
140,548 | 5,914,839 | 0.4% | |||||||||||
|
Diageo PLC |
151,869 | 7,662,091 | 0.5% | |||||||||||
|
GlaxoSmithKline PLC |
339,582 | 7,661,379 | 0.5% | |||||||||||
|
HSBC Holdings PLC |
1,245,418 | 7,838,394 | 0.6% | |||||||||||
|
Rio Tinto PLC |
96,861 | 6,938,969 | 0.5% | |||||||||||
|
Shell PLC |
579,034 | 15,797,123 | 1.1% | |||||||||||
|
Unilever PLC |
102,330 | 4,777,969 | 0.3% | |||||||||||
|
Other Securities |
109,479,485 | 7.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL UNITED KINGDOM |
185,871,914 | 12.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UNITED STATES — (0.0%) |
| |||||||||||||
|
Other Securities |
50,857 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL COMMON STOCKS |
1,443,621,138 | 99.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
RIGHTS/WARRANTS — (0.0%) |
| |||||||||||||
|
AUSTRALIA — (0.0%) |
| |||||||||||||
|
Other Securities |
— | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ITALY — (0.0%) |
| |||||||||||||
|
Other Securities |
— | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NEW ZEALAND — (0.0%) |
| |||||||||||||
|
Other Securities |
10,454 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SWITZERLAND — (0.0%) |
| |||||||||||||
|
Other Securities |
2,783 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL RIGHTS/WARRANTS |
13,237 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENT SECURITIES — 97.1% |
||||||||||||||
|
(Cost $1,558,416,385) |
1,443,634,375 | |||||||||||||
|
|
|
|
|
|||||||||||
|
SECURITIES LENDING COLLATERAL — (2.9%) |
| |||||||||||||
|
@§ |
The DFA Short Term Investment Fund |
3,780,110 | 43,733,981 | 3.0% | ||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENTS — 100.0% |
||||||||||||||
|
(Cost $1,602,150,366) |
1,487,368,356 | 102.2% | ||||||||||||
|
|
|
|
|
|||||||||||
22
DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF
CONTINUED
Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):
| Investments in Securities (Market Value) | ||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Common Stocks |
||||||||||||||||
|
Australia |
$110,686,172 | $119,117 | $— | $110,805,289 | ||||||||||||
|
Austria |
3,400,383 | — | — | 3,400,383 | ||||||||||||
|
Belgium |
11,937,741 | — | — | 11,937,741 | ||||||||||||
|
Canada |
171,196,485 | — | — | 171,196,485 | ||||||||||||
|
China |
2,274 | — | — | 2,274 | ||||||||||||
|
Denmark |
33,983,942 | — | — | 33,983,942 | ||||||||||||
|
Finland |
19,149,611 | — | — | 19,149,611 | ||||||||||||
|
France |
126,342,800 | — | — | 126,342,800 | ||||||||||||
|
Germany |
103,365,180 | — | — | 103,365,180 | ||||||||||||
|
Hong Kong |
35,582,354 | 19,465 | — | 35,601,819 | ||||||||||||
|
Ireland |
8,144,468 | — | — | 8,144,468 | ||||||||||||
|
Israel |
10,791,169 | — | — | 10,791,169 | ||||||||||||
|
Italy |
32,730,046 | — | — | 32,730,046 | ||||||||||||
|
Japan |
308,808,808 | — | — | 308,808,808 | ||||||||||||
|
Netherlands |
51,934,033 | — | — | 51,934,033 | ||||||||||||
|
New Zealand |
4,197,753 | 87,617 | — | 4,285,370 | ||||||||||||
|
Norway |
13,009,077 | — | — | 13,009,077 | ||||||||||||
|
Portugal |
2,527,845 | — | — | 2,527,845 | ||||||||||||
|
Singapore |
13,109,952 | — | — | 13,109,952 | ||||||||||||
|
Spain |
28,800,747 | 53,685 | — | 28,854,432 | ||||||||||||
|
Sweden |
44,358,808 | — | — | 44,358,808 | ||||||||||||
|
Switzerland |
123,358,835 | — | — | 123,358,835 | ||||||||||||
|
United Kingdom |
185,828,603 | 43,311 | — | 185,871,914 | ||||||||||||
|
United States |
50,857 | — | — | 50,857 | ||||||||||||
|
Rights/Warrants |
||||||||||||||||
|
Australia |
— | — | — | — | ||||||||||||
|
Italy |
— | — | — | — | ||||||||||||
|
New Zealand |
— | 10,454 | — | 10,454 | ||||||||||||
|
Switzerland |
2,783 | — | — | 2,783 | ||||||||||||
|
Collateral for Securities on Loan |
43,733,981 | — | — | 43,733,981 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$1,487,034,707 | $333,649 | $— | $1,487,368,356 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements.
23
DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (100.0%) |
| |||||||||||||
|
AUSTRALIA — (7.2%) |
| |||||||||||||
|
BHP Group, Ltd., Sponsored ADR |
11,420 | $ | 764,912 | 0.7% | ||||||||||
|
Commonwealth Bank of Australia |
4,373 | 322,826 | 0.3% | |||||||||||
|
Other Securities |
7,158,198 | 6.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL AUSTRALIA |
8,245,936 | 7.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
AUSTRIA — (0.5%) |
| |||||||||||||
|
Other Securities |
593,070 | 0.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
BELGIUM — (1.2%) |
| |||||||||||||
|
Other Securities |
1,376,925 | 1.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CANADA — (12.1%) |
| |||||||||||||
|
Bank of Montreal |
4,563 | 483,861 | 0.4% | |||||||||||
|
Bank of Nova Scotia (The) |
5,617 | 355,668 | 0.3% | |||||||||||
|
Canadian Natural Resources, Ltd. |
5,395 | 333,789 | 0.3% | |||||||||||
|
Magna International, Inc. |
4,643 | 279,834 | 0.3% | |||||||||||
|
National Bank of Canada |
3,920 | 275,187 | 0.2% | |||||||||||
|
Royal Bank of Canada |
8,345 | 843,095 | 0.7% | |||||||||||
|
Suncor Energy, Inc. |
11,663 | 419,168 | 0.4% | |||||||||||
|
Toronto-Dominion Bank (The) |
4,940 | 356,866 | 0.3% | |||||||||||
|
Other Securities |
10,489,746 | 9.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CANADA |
13,837,214 | 12.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
DENMARK — (2.3%) |
| |||||||||||||
|
Novo Nordisk A/S, Sponsored ADR |
5,655 | 644,670 | 0.6% | |||||||||||
|
Other Securities |
1,962,190 | 1.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL DENMARK |
2,606,860 | 2.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FINLAND — (1.6%) |
| |||||||||||||
|
Other Securities |
1,863,209 | 1.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
FRANCE — (7.7%) |
| |||||||||||||
|
Air Liquide SA |
1,844 | 321,641 | 0.3% | |||||||||||
|
Cie Generale des Etablissements Michelin SCA |
2,346 | 294,639 | 0.2% | |||||||||||
|
LVMH Moet Hennessy Louis Vuitton SE |
895 | 584,921 | 0.5% | |||||||||||
|
TotalEnergies SE |
13,755 | 685,276 | 0.6% | |||||||||||
|
Vinci SA |
3,531 | 345,832 | 0.3% | |||||||||||
|
Other Securities |
6,654,205 | 5.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL FRANCE |
8,886,514 | 7.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
GERMANY — (7.0%) |
| |||||||||||||
|
Allianz SE, Registered |
1,225 | 279,399 | 0.3% | |||||||||||
|
* |
Bayer AG, Registered |
6,669 | 442,531 | 0.4% | ||||||||||
|
Deutsche Telekom AG |
26,924 | 499,050 | 0.3% | |||||||||||
|
Volkswagen AG, Preference |
1,953 | 306,864 | 0.3% | |||||||||||
|
Other Securities |
6,451,724 | 5.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL GERMANY |
7,979,568 | 6.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
HONG KONG — (2.4%) |
| |||||||||||||
|
AIA Group, Ltd. |
52,800 | 523,212 | 0.5% | |||||||||||
|
Other Securities |
2,247,076 | 1.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL HONG KONG |
2,770,288 | 2.4% | ||||||||||||
|
|
|
|
|
|||||||||||
24
DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
IRELAND — (0.7%) |
| |||||||||||||
|
Other Securities |
$ | 789,933 | 0.7% | |||||||||||
|
|
|
|
|
|||||||||||
|
ISRAEL — (1.2%) |
| |||||||||||||
|
Other Securities |
1,324,703 | 1.1% | ||||||||||||
|
|
|
|
|
|||||||||||
|
ITALY — (2.5%) |
| |||||||||||||
|
Other Securities |
2,921,236 | 2.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
JAPAN — (21.4%) |
| |||||||||||||
|
Hitachi, Ltd. |
9,200 | 431,170 | 0.4% | |||||||||||
|
ITOCHU Corp. |
11,500 | 349,012 | 0.3% | |||||||||||
|
KDDI Corp. |
9,600 | 321,210 | 0.3% | |||||||||||
|
Murata Manufacturing Co., Ltd. |
4,700 | 282,740 | 0.2% | |||||||||||
|
Olympus Corp. |
16,300 | 290,496 | 0.2% | |||||||||||
|
Seven & i Holdings Co., Ltd. |
7,300 | 322,178 | 0.3% | |||||||||||
|
SoftBank Corp. |
30,400 | 355,480 | 0.3% | |||||||||||
|
Sony Group Corp. |
5,000 | 433,004 | 0.4% | |||||||||||
|
Takeda Pharmaceutical Co., Ltd. |
10,600 | 308,362 | 0.3% | |||||||||||
|
Toyota Motor Corp. |
39,300 | 678,104 | 0.6% | |||||||||||
|
Other Securities |
20,779,890 | 18.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL JAPAN |
24,551,646 | 21.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
MALAYSIA — (0.0%) |
| |||||||||||||
|
Other Securities |
212 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NETHERLANDS — (3.2%) |
| |||||||||||||
|
ASML Holding NV, Sponsored NYS |
1,456 | 820,849 | 0.7% | |||||||||||
|
Other Securities |
2,834,936 | 2.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL NETHERLANDS |
3,655,785 | 3.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NEW ZEALAND — (0.3%) |
| |||||||||||||
|
Other Securities |
346,763 | 0.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NORWAY — (1.0%) |
| |||||||||||||
|
Other Securities |
1,140,248 | 1.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
PORTUGAL — (0.3%) |
| |||||||||||||
|
Other Securities |
329,533 | 0.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SINGAPORE — (1.0%) |
| |||||||||||||
|
Other Securities |
1,102,396 | 1.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SPAIN — (2.4%) |
| |||||||||||||
|
Iberdrola SA |
28,977 | 336,569 | 0.3% | |||||||||||
|
Repsol SA |
20,844 | 314,119 | 0.3% | |||||||||||
|
Telefonica SA |
67,206 | 328,476 | 0.3% | |||||||||||
|
Other Securities |
1,749,643 | 1.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL SPAIN |
2,728,807 | 2.4% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SWEDEN — (3.2%) |
| |||||||||||||
|
Other Securities |
3,690,283 | 3.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SWITZERLAND — (8.0%) |
| |||||||||||||
|
ABB, Ltd., Registered |
11,070 | 337,580 | 0.3% | |||||||||||
|
Nestle SA, Registered |
9,483 | 1,230,987 | 1.1% | |||||||||||
|
Novartis AG, Sponsored ADR |
6,316 | 555,997 | 0.5% | |||||||||||
|
Roche Holding AG |
2,304 | 860,217 | 0.7% | |||||||||||
25
DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF
CONTINUED
|
Shares |
Value† |
Percentage |
||||||||||||
|
SWITZERLAND — (continued) |
| |||||||||||||
|
Other Securities |
$ | 6,145,942 | 5.3% | |||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL SWITZERLAND |
9,130,723 | 7.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UNITED KINGDOM — (12.8%) |
| |||||||||||||
|
Anglo American PLC |
9,016 | 405,918 | 0.5% | |||||||||||
|
BP PLC, Sponsored ADR |
9,780 | 280,882 | 0.3% | |||||||||||
|
British American Tobacco PLC, Sponsored ADR |
7,288 | 304,493 | 0.3% | |||||||||||
|
Diageo PLC, Sponsored ADR |
1,386 | 275,370 | 0.2% | |||||||||||
|
GlaxoSmithKline PLC |
26,558 | 599,181 | 0.5% | |||||||||||
|
Glencore PLC |
76,685 | 478,788 | 0.4% | |||||||||||
|
HSBC Holdings PLC, Sponsored ADR |
13,550 | 420,185 | 0.4% | |||||||||||
|
Rio Tinto PLC |
10,731 | 768,752 | 0.7% | |||||||||||
|
Shell PLC, ADR |
16,748 | 894,846 | 0.8% | |||||||||||
|
Unilever PLC, Sponsored ADR |
10,641 | 492,253 | 0.4% | |||||||||||
|
Vodafone Group PLC |
254,114 | 387,759 | 0.3% | |||||||||||
|
Other Securities |
9,378,999 | 7.9% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL UNITED KINGDOM |
14,687,426 | 12.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
UNITED STATES — (0.0%) |
| |||||||||||||
|
Other Securities |
2,111 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL COMMON STOCKS |
114,561,389 | 99.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
RIGHTS/WARRANTS — (0.0%) |
| |||||||||||||
|
AUSTRALIA — (0.0%) |
| |||||||||||||
|
Other Securities |
1 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
NEW ZEALAND — (0.0%) |
| |||||||||||||
|
Other Securities |
5,931 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
SWITZERLAND — (0.0%) |
| |||||||||||||
|
Other Securities |
517 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL RIGHTS/WARRANTS |
6,449 | 0.0% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENT SECURITIES — 100.0% |
||||||||||||||
|
(Cost $121,897,230) |
114,567,838 | |||||||||||||
|
|
|
|||||||||||||
|
SECURITIES LENDING COLLATERAL — (0.0%) |
| |||||||||||||
|
@§ |
The DFA Short Term Investment Fund |
1,740 | 20,126 | 0.0% | ||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL INVESTMENTS — 100.0% |
||||||||||||||
|
(Cost $121,917,356) |
114,587,964 | 99.3% | ||||||||||||
|
|
|
|
|
|||||||||||
26
DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF
CONTINUED
Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):
| Investments in Securities (Market Value) | ||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Common Stocks |
||||||||||||||||
|
Australia |
$8,239,913 | $6,023 | $— | $8,245,936 | ||||||||||||
|
Austria |
593,070 | — | — | 593,070 | ||||||||||||
|
Belgium |
1,376,925 | — | — | 1,376,925 | ||||||||||||
|
Canada |
13,837,214 | — | — | 13,837,214 | ||||||||||||
|
Denmark |
2,606,860 | — | — | 2,606,860 | ||||||||||||
|
Finland |
1,863,209 | — | — | 1,863,209 | ||||||||||||
|
France |
8,886,514 | — | — | 8,886,514 | ||||||||||||
|
Germany |
7,979,568 | — | — | 7,979,568 | ||||||||||||
|
Hong Kong |
2,745,718 | 24,570 | — | 2,770,288 | ||||||||||||
|
Ireland |
789,933 | — | — | 789,933 | ||||||||||||
|
Israel |
1,324,703 | — | — | 1,324,703 | ||||||||||||
|
Italy |
2,921,236 | — | — | 2,921,236 | ||||||||||||
|
Japan |
24,551,646 | — | — | 24,551,646 | ||||||||||||
|
Malaysia |
212 | — | — | 212 | ||||||||||||
|
Netherlands |
3,655,785 | — | — | 3,655,785 | ||||||||||||
|
New Zealand |
346,763 | — | — | 346,763 | ||||||||||||
|
Norway |
1,140,248 | — | — | 1,140,248 | ||||||||||||
|
Portugal |
329,533 | — | — | 329,533 | ||||||||||||
|
Singapore |
1,102,396 | — | — | 1,102,396 | ||||||||||||
|
Spain |
2,728,807 | — | — | 2,728,807 | ||||||||||||
|
Sweden |
3,690,283 | — | — | 3,690,283 | ||||||||||||
|
Switzerland |
9,130,723 | — | — | 9,130,723 | ||||||||||||
|
United Kingdom |
14,687,426 | — | — | 14,687,426 | ||||||||||||
|
United States |
2,111 | — | — | 2,111 | ||||||||||||
|
Rights/Warrants |
||||||||||||||||
|
Australia |
1 | — | — | 1 | ||||||||||||
|
New Zealand |
— | 5,931 | — | 5,931 | ||||||||||||
|
Switzerland |
517 | — | — | 517 | ||||||||||||
|
Collateral for Securities on Loan |
20,126 | — | — | 20,126 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
TOTAL |
$114,551,440 | $36,524 | $— | $114,587,964 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements.
27
DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF
SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS
April 30, 2022
(Unaudited)
|
Shares |
Value† |
Percentage |
||||||||||||
|
COMMON STOCKS — (100.0%) |
||||||||||||||
|
AUSTRALIA — (8.4%) |
||||||||||||||
|
Ansell, Ltd. |
8,698 | $ | 168,872 | 0.4% | ||||||||||
|
Downer EDI, Ltd. |
47,266 | 186,758 | 0.4% | |||||||||||
|
Reliance Worldwide Corp., Ltd. |
55,065 | 154,963 | 0.3% | |||||||||||
|
United Malt Grp, Ltd. |
57,621 | 170,345 | 0.4% | |||||||||||
|
Other Securities |
3,108,692 | 6.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL AUSTRALIA |
3,789,630 | 8.3% | ||||||||||||
|
|
|
|
|
|||||||||||
|
AUSTRIA — (1.2%) |
| |||||||||||||
|
voestalpine AG |
9,418 | 248,985 | 0.5% | |||||||||||
|
Other Securities |
307,040 | 0.7% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL AUSTRIA |
556,025 | 1.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
BELGIUM — (1.6%) |
| |||||||||||||
|
Euronav NV |
14,125 | 167,099 | 0.4% | |||||||||||
|
Other Securities |
551,733 | 1.2% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL BELGIUM |
718,832 | 1.6% | ||||||||||||
|
|
|
|
|
|||||||||||
|
CANADA — (11.9%) |
| |||||||||||||
|
Alamos Gold, Inc. |
31,973 | 248,110 | 0.5% | |||||||||||
|
Birchcliff Energy, Ltd. |
22,507 | 165,538 | 0.4% | |||||||||||
|
Canadian Western Bank |
8,903 | 225,771 | 0.5% | |||||||||||
|
Centerra Gold, Inc. |
18,217 | 169,477 | 0.4% | |||||||||||
|
Crescent Point Energy Corp. |
46,750 | 323,510 | 0.7% | |||||||||||
|
* |
MEG Energy Corp. |
10,447 | 157,761 | 0.4% | ||||||||||
|
* |
OceanaGold Corp. |
62,824 | 157,300 | 0.4% | ||||||||||
|
Other Securities |
3,934,937 | 8.5% | ||||||||||||
|
|
|
|
|
|||||||||||
|
TOTAL CANADA |
5,382,404 | 11.8% | ||||||||||||
|
|
|
|
|
|||||||||||
|
DENMARK — (2.3%) |
| |||||||||||||
|
* |
Jyske Bank A/S, Registered |
3,988 | 223,739 | 0.5% | ||||||||||
|
Other Securities |
805,815 | 1.7% | ||||||||||||