LOGO

Semi-Annual Report

Period Ended: April 30, 2023 (Unaudited)

 

 

DIMENSIONAL ETF TRUST

 

Dimensional US Sustainability Core 1 ETF

Dimensional International Sustainability Core 1 ETF

Dimensional Emerging Markets Sustainability Core 1 ETF

Dimensional Global Sustainability Fixed Income ETF


LOGO

June 2023

Dear Shareholder,

Dimensional has a long history of putting financial science to work for investors around the world. We believe in the power of markets. We focus on the drivers of higher expected returns. We add value through implementation. And we’re committed to delivering an exceptional client experience to help investors pursue their goals.

We’ve been innovating on behalf of investors since 1981. We start with what clients are looking for and then determine how best to deliver flexible, low-cost, diversified strategies to meet those needs. Our ability to capture long-term premiums has led Dimensional to outperform benchmarks and peers over long periods of time and across strategies.

Whether you’re investing through mutual funds or ETFs, we believe investors can have a successful investment experience without having to outguess the market. On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.

Sincerely,

 

LOGO    LOGO
David P. Butler    Gerard O’Reilly
CO-CHIEF EXECUTIVE OFFICER    CO-CHIEF EXECUTIVE OFFICER and
   CHIEF INVESTMENT OFFICE


 

 

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DIMENSIONAL ETF TRUST

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

 

Letter to Shareholders

  

Definitions of Abbreviations and Footnotes

     3  

Disclosure of Fund Expenses

     5  

Disclosure of Portfolio Holdings

     7  

Summary Schedules of Investments

     8  

Dimensional US Sustainability Core 1 ETF

     8  

Dimensional International Sustainability Core 1 ETF

     11  

Dimensional Emerging Markets Sustainability Core 1 ETF

     15  

Schedule of Investments

     19  

Dimensional Global Sustainability Fixed Income ETF

     19  

Statements of Assets and Liabilities

     26  

Statements of Operations

     28  

Statements of Changes In Net Assets

     30  

Financial Highlights

     31  

Notes to Financial Statements

     32  

Voting Proxies on Fund Portfolio Securities

     46  

Statement Regarding Liquidity Risk Management Program

     47  

Board Approval of Investment Management Agreements

     49  

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.

 

i


 

 

[THIS PAGE INTENTIONALLY LEFT BLANK]


DIMENSIONAL ETF TRUST

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

(Unaudited)

Summary Schedules of Investments

Investment Abbreviations

 

ADR

   American Depositary Receipt

AUD

   Australian Dollars

GBP

   British Pounds

GDR

   Global Depositary Receipt

JPY

   Japanese Yen

MTN

   Medium-Term Note

NZD

   New Zealand Dollars

PLC

   Public Limited Company

SA

   Special Assessment

TBA

   To Be Announced purchase or sale commitment. Security is subject to delayed delivery.

USD

   United States Dollar
Investment Footnotes

*

   Non-Income Producing Securities

   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.

   See Note B to Financial Statements.

W

   Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited.

#

   Total or Partial Securities on Loan

§

   Affiliated Fund

^

   Denominated in USD, unless otherwise noted.

@

   Security purchased with cash collateral received from Securities on Loan

 

3


DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

CONTINUED

Financial Highlights

(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

 

4


DIMENSIONAL ETF TRUST

DISCLOSURE OF FUND EXPENSES

(Unaudited)

The following Expense Tables are shown so that you can understand the impact of fees on your investment. All 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 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 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 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.

EXPENSE TABLES

 

            For the period ended April 30, 2023  
     Beginning
Account Value
11/1/2022
     Ending
Account Value
4/30/2023
     Annualized
Expense
Ratio
    Expenses Paid
During Period
(a)
 

Dimensional US Sustainability Core 1 ETF

          

Actual Fund Return

   $ 1,000.00      $ 1,076.80        0.18   $ 0.92  

Hypothetical 5% Annual Return

   $ 1,000.00      $ 1,023.90        0.18   $ 0.90  

Dimensional International Sustainability Core 1 ETF

          

Actual Fund Return

   $ 1,000.00      $ 1,225.60        0.24   $ 1.32  

Hypothetical 5% Annual Return

   $ 1,000.00      $ 1,023.60        0.24   $ 1.20  

Dimensional Emerging Markets Sustainability Core 1 ETF

          

Actual Fund Return

   $ 1,000.00      $ 1,156.50        0.41   $ 2.18  

Hypothetical 5% Annual Return

   $ 1,000.00      $ 1,022.76        0.41   $ 2.06  

 

5


DISCLOSURE OF FUND EXPENSES

CONTINUED

 

     Beginning
Account Value
11/1/2022
     Ending
Account Value
4/30/2023
     Annualized
Expense
Ratio
    Expenses Paid
During Period
(a)
 

Dimensional Global Sustainability Fixed Income ETF

          

Actual Fund Return(b)

   $ 1,000.00      $ 1,044.00        0.24   $ 1.12  

Hypothetical 5% Annual Return

   $ 1,000.00      $ 1,023.60        0.24   $ 1.20  

(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.

(b)

Information shown reflects values for the stub period of 167 days from November 15, 2022 (commencement of operations) to April 30, 2023 and has been calculated using expense ratios and rates of returns for the same period.

 

6


DIMENSIONAL ETF TRUST

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 30, 2023. 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 Investments” in lieu of a full Schedule of Investments. The Summary Schedule of Investments 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 Investments identifies 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 Sustainability Core 1 ETF  

Communication Services

     9.2

Consumer Discretionary

     12.7

Consumer Staples

     6.6

Energy

     2.0

Financials

     16.6

Health Care

     14.6

Industrials

     13.2

Information Technology

     19.9

Materials

     3.7

Real Estate

     0.3

Utilities

     1.2
  

 

 

 
     100.0

Dimensional International Sustainability Core 1
ETF
 

Communication Services

     5.9

Consumer Discretionary

     14.2

Consumer Staples

     8.2

Energy

     1.4

Financials

     17.9

Health Care

     9.7

Industrials

     20.5

Information Technology

     8.7

Materials

     8.4

Real Estate

     2.1

Utilities

     3.0
  

 

 

 
     100.0
Dimensional Emerging Markets Sustainability
Core 1 ETF
 

Communication Services

     8.9

Consumer Discretionary

     11.8

Consumer Staples

     6.2

Energy

     1.7

Financials

     17.6

Health Care

     5.9

Industrials

     10.2

Information Technology

     22.8

Materials

     9.2

Real Estate

     3.1

Utilities

     2.6
  

 

 

 
     100.0

 

 

Dimensional Global Sustainability Fixed
Income ETF
 

Communication Services

     5.7

Consumer Discretionary

     6.5

Consumer Staples

     1.9

Energy

     0.3

Financials

     31.2

Foreign Government

     4.3

Health Care

     4.0

Industrials

     4.0

Information Technology

     5.1

Materials

     0.3

Real Estate

     2.4

Sovereign Bond

     11.9

U.S. Government

     21.8

Utilities

     0.6
  

 

 

 
     100.0

    

    

 

7


DIMENSIONAL US SUSTAINABILITY CORE 1 ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

 

     Shares      Value†      Percentage of
Net Assets‡
 

COMMON STOCKS — (98.9%)

        

COMMUNICATION SERVICES — (9.1%)

        

*   Alphabet, Inc., Class A

     58,679      $ 6,298,604        1.6

*   Alphabet, Inc., Class C

     53,238        5,761,416        1.5

Comcast Corp., Class A

     60,594        2,506,774        0.6

*   Meta Platforms, Inc., Class A

     41,519        9,977,846        2.5

Verizon Communications, Inc.

     53,311        2,070,066        0.5

*   Walt Disney Co. (The)

     16,195        1,659,987        0.4

Other Securities

        8,308,853        2.1
     

 

 

    

 

 

 

TOTAL COMMUNICATION SERVICES

        36,583,546        9.2
     

 

 

    

 

 

 

CONSUMER DISCRETIONARY — (12.6%)

        

*   Amazon.com, Inc.

     60,307        6,359,373        1.6

*   Booking Holdings, Inc.

     592        1,590,296        0.4

Home Depot, Inc. (The)

     13,548        4,071,716        1.0

McDonald’s Corp.

     5,923        1,751,727        0.4

NIKE, Inc., Class B

     18,828        2,385,884        0.6

*   Tesla, Inc.

     24,433        4,014,586        1.0

Other Securities

        30,227,672        7.7
     

 

 

    

 

 

 

TOTAL CONSUMER DISCRETIONARY

        50,401,254        12.7
     

 

 

    

 

 

 

CONSUMER STAPLES — (6.6%)

        

Coca-Cola Co. (The)

     40,988        2,629,380        0.7

Costco Wholesale Corp.

     5,875        2,956,418        0.7

PepsiCo., Inc.

     10,675        2,037,751        0.5

Procter & Gamble Co. (The)

     21,241        3,321,668        0.8

Walmart, Inc.

     16,698        2,520,897        0.6

Other Securities

        12,771,201        3.3
     

 

 

    

 

 

 

TOTAL CONSUMER STAPLES

        26,237,315        6.6
     

 

 

    

 

 

 

ENERGY — (2.0%)

        

Marathon Petroleum Corp.

     9,587        1,169,614        0.3

Other Securities

        6,944,554        1.7
     

 

 

    

 

 

 

TOTAL ENERGY

        8,114,168        2.0
     

 

 

    

 

 

 

FINANCIALS — (16.4%)

        

JPMorgan Chase & Co.

     27,716        3,831,460        1.0

Mastercard, Inc., Class A

     9,408        3,575,322        0.9

Morgan Stanley

     15,922        1,432,502        0.4

Travelers Cos, Inc. (The)

     7,085        1,283,377        0.3

Visa, Inc., Class A

     17,664        4,110,943        1.0

Other Securities

        51,584,310        13.0
     

 

 

    

 

 

 

TOTAL FINANCIALS

        65,817,914        16.6
     

 

 

    

 

 

 

HEALTH CARE — (14.4%)

        

AbbVie, Inc.

     19,645        2,968,752        0.8

Amgen, Inc.

     5,903        1,415,185        0.4

Bristol-Myers Squibb Co.

     30,192        2,015,920        0.5

Cigna Group (The)

     5,505        1,394,361        0.4

CVS Health Corp.

     18,760        1,375,296        0.4

Danaher Corp.

     6,015        1,425,014        0.4

Elevance Health, Inc.

     2,922        1,369,395        0.4

Eli Lilly & Co.

     5,260        2,082,224        0.5

Gilead Sciences, Inc.

     15,893        1,306,564        0.3

Johnson & Johnson

     25,258        4,134,735        1.0

Merck & Co., Inc.

     17,168        1,982,389        0.5

Pfizer, Inc.

     61,837        2,404,841        0.6

 

8


DIMENSIONAL US SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Shares      Value†      Percentage of
Net Assets‡
 

HEALTH CARE — (Continued)

        

Thermo Fisher Scientific, Inc.

     2,371      $ 1,315,668        0.3

UnitedHealth Group, Inc.

     13,146        6,469,015        1.6

Other Securities

        25,986,880        6.4
     

 

 

    

 

 

 

TOTAL HEALTH CARE

        57,646,239        14.5
     

 

 

    

 

 

 

INDUSTRIALS — (13.1%)

        

Caterpillar, Inc.

     5,378        1,176,706        0.3

Raytheon Technologies Corp.

     12,913        1,290,009        0.3

Other Securities

        49,898,866        12.6
     

 

 

    

 

 

 

TOTAL INDUSTRIALS

        52,365,581        13.2
     

 

 

    

 

 

 

INFORMATION TECHNOLOGY — (19.6%)

        

Accenture PLC, Class A

     6,697        1,877,102        0.5

*   Adobe, Inc.

     4,684        1,768,491        0.5

Apple, Inc.

     130,951        22,219,766        5.6

Broadcom, Inc.

     5,584        3,498,376        0.9

Cisco Systems, Inc.

     38,831        1,834,765        0.5

International Business Machines Corp.

     11,189        1,414,401        0.4

Microsoft Corp.

     41,196        12,657,883        3.2

NVIDIA Corp.

     15,643        4,340,776        1.1

Oracle Corp.

     13,881        1,314,808        0.3

QUALCOMM, Inc.

     16,180        1,889,824        0.5

*   Salesforce, Inc.

     6,302        1,250,128        0.3

Other Securities

        24,547,285        6.0
     

 

 

    

 

 

 

TOTAL INFORMATION TECHNOLOGY

        78,613,605        19.8
     

 

 

    

 

 

 

MATERIALS — (3.6%)

        

Other Securities

        14,477,230        3.7
     

 

 

    

 

 

 

REAL ESTATE — (0.3%)

        

Other Securities

        1,205,450        0.3
     

 

 

    

 

 

 

UTILITIES — (1.2%)

        

Other Securities

        4,554,541        1.2
     

 

 

    

 

 

 

TOTAL COMMON STOCKS

        396,016,843        99.8
     

 

 

    

 

 

 

RIGHTS/WARRANTS — (0.0%)

        

HEALTH CARE — (0.0%)

        

Other Securities

        65        0.0
     

 

 

    

 

 

 

INDUSTRIALS — (0.0%)

        

Other Securities

        29        0.0
     

 

 

    

 

 

 

TOTAL RIGHTS/WARRANTS

        94        0.0
     

 

 

    

 

 

 

TOTAL INVESTMENT SECURITIES — (98.9%)
(Cost $381,337,969)

        396,016,937     
     

 

 

    

SECURITIES LENDING COLLATERAL — (1.1%)

        

@§ The DFA Short Term Investment Fund

     394,917        4,567,332        1.2
     

 

 

    

 

 

 

TOTAL INVESTMENTS — (100.0%)
(Cost $385,905,301)

      $ 400,584,269        101.0
     

 

 

    

 

 

 

 

9


DIMENSIONAL US SUSTAINABILITY CORE 1 ETF

CONTINUED

 

Summary of the Fund’s investments as of April 30, 2023, 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

   $ 36,583,546      $ —        $ —        $ 36,583,546  

Consumer Discretionary

     50,401,254        —          —          50,401,254  

Consumer Staples

     26,237,315        —          —          26,237,315  

Energy

     8,114,168        —          —          8,114,168  

Financials

   $ 65,817,914      $ —        $ —        $ 65,817,914  

Health Care

     57,646,239        —          —          57,646,239  

Industrials

     52,365,581        —          —          52,365,581  

Information Technology

     78,613,605        —          —          78,613,605  

Materials

     14,477,230        —          —          14,477,230  

Real Estate

     1,205,450        —          —          1,205,450  

Utilities

     4,554,541        —          —          4,554,541  

Rights/Warrants

                  

Health Care

     —          65        —          65  

Industrials

     29        —          —          29  

Securities Lending Collateral

     —          4,567,332        —          4,567,332  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Investments

   $ 396,016,872      $ 4,567,397      $ —        $ 400,584,269  
  

 

 

    

 

 

    

 

 

    

 

 

 

See accompanying Notes to Financial Statements.

 

10



DIMENSIONAL INTERNATIONAL SUSTAINABILITY CORE 1 ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

 

     Shares      Value†      Percentage of
Net Assets‡
 

COMMON STOCKS — (97.7%)

        

AUSTRALIA — (4.8%)

        

Other Securities

      $ 9,010,791        4.8
     

 

 

    

 

 

 

AUSTRIA — (0.3%)

        

Other Securities

        592,398        0.3
     

 

 

    

 

 

 

BELGIUM — (1.0%)

        

Other Securities

        1,950,193        1.1
     

 

 

    

 

 

 

CANADA — (9.2%)

        

National Bank of Canada

     6,898        513,828        0.3

Royal Bank of Canada

     12,312        1,221,033        0.7

Other Securities

        15,673,022        8.3
     

 

 

    

 

 

 

TOTAL CANADA

        17,407,883        9.3
     

 

 

    

 

 

 

DENMARK — (3.8%)

        

Novo Nordisk A/S, Class B

     21,276        3,544,057        1.9

Other Securities

        3,746,879        2.0
     

 

 

    

 

 

 

TOTAL DENMARK

        7,290,936        3.9
     

 

 

    

 

 

 

FINLAND — (2.0%)

        

Other Securities

        3,742,546        2.0
     

 

 

    

 

 

 

FRANCE — (10.1%)

        

Airbus SE

     6,051        849,331        0.5

AXA SA

     24,336        794,453        0.4

BNP Paribas SA

     8,923        577,168        0.3

Hermes International

     460        998,816        0.5

Kering SA

     814        520,949        0.3

L’Oreal SA

     3,209        1,533,114        0.8

LVMH Moet Hennessy Louis Vuitton SE

     3,355        3,226,104        1.7

Orange SA

     58,290        760,383        0.4

Sanofi

     5,843        645,065        0.4

Schneider Electric SE

     3,204        558,242        0.3

Vinci SA

     5,291        655,388        0.4

Other Securities

        8,111,009        4.3
     

 

 

    

 

 

 

TOTAL FRANCE

        19,230,022        10.3
     

 

 

    

 

 

 

GERMANY — (6.9%)

        

adidas AG

     3,373        593,720        0.3

Allianz SE, Registered

     3,117        782,691        0.4

E.ON SE

     52,289        693,011        0.4

Mercedes-Benz Group AG

     8,870        691,151        0.4

SAP SE

     3,818        517,862        0.3

Siemens AG, Registered

     4,797        788,555        0.4

Other Securities

        9,055,809        4.8
     

 

 

    

 

 

 

TOTAL GERMANY

        13,122,799        7.0
     

 

 

    

 

 

 

HONG KONG — (1.8%)

        

AIA Group, Ltd.

     109,600        1,186,069        0.6

Other Securities

        2,134,196        1.2
     

 

 

    

 

 

 

TOTAL HONG KONG

        3,320,265        1.8
     

 

 

    

 

 

 

IRELAND — (0.6%)

        

Other Securities

        1,184,573        0.6
     

 

 

    

 

 

 

ISRAEL — (0.3%)

        

Other Securities

        624,366        0.3
     

 

 

    

 

 

 

 

11


DIMENSIONAL INTERNATIONAL SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Shares      Value†      Percentage of
Net Assets‡
 

ITALY — (2.2%)

        

Other Securities

      $ 4,182,877        2.2
     

 

 

    

 

 

 

JAPAN — (21.1%)

        

KDDI Corp.

     18,400        574,033        0.3

Nintendo Co., Ltd.

     17,300        726,863        0.4

Nomura Research Institute, Ltd.

     24,700        620,380        0.3

OBIC Co., Ltd.

     4,400        675,680        0.4

Recruit Holdings Co., Ltd.

     18,500        519,546        0.3

Shin-Etsu Chemical Co., Ltd.

     29,400        834,078        0.5

Shiseido Co., Ltd.

     11,500        574,388        0.3

Sony Group Corp.

     12,300        1,158,954        0.6

Toyota Motor Corp.

     77,600        1,058,298        0.6

Other Securities

        33,178,032        17.6
     

 

 

    

 

 

 

TOTAL JAPAN

        39,920,252        21.3
     

 

 

    

 

 

 

NETHERLANDS — (4.6%)

        

ASML Holding NV, Sponsored NYS

     3,852        2,453,185        1.3

Koninklijke Ahold Delhaize NV

     15,123        521,241        0.3

Wolters Kluwer NV

     5,609        744,007        0.4

Other Securities

        4,932,164        2.6
     

 

 

    

 

 

 

TOTAL NETHERLANDS

        8,650,597        4.6
     

 

 

    

 

 

 

NEW ZEALAND — (0.3%)

        

Other Securities

        493,090        0.3
     

 

 

    

 

 

 

NORWAY — (0.6%)

        

Other Securities

        1,130,935        0.6
     

 

 

    

 

 

 

PORTUGAL — (0.2%)

        

Other Securities

        371,398        0.2
     

 

 

    

 

 

 

SINGAPORE — (0.6%)

        

Other Securities

        1,186,319        0.6
     

 

 

    

 

 

 

SPAIN — (2.2%)

        

Other Securities

        4,172,072        2.2
     

 

 

    

 

 

 

SWEDEN — (3.9%)

        

Other Securities

        7,330,818        3.9
     

 

 

    

 

 

 

SWITZERLAND — (8.2%)

        

ABB, Ltd., Registered

     17,264        623,021        0.3

Givaudan SA, Registered

     171        599,811        0.3

Novartis AG, Sponsored ADR

     13,284        1,362,540        0.7

Roche Holding AG

     6,150        1,937,141        1.0

Sika AG, Registered

     2,985        823,009        0.5

Swisscom AG, Registered

     805        554,424        0.3

UBS Group AG

     25,450        515,363        0.3

Zurich Insurance Group AG

     1,698        823,770        0.4

Other Securities

        8,276,753        4.5
     

 

 

    

 

 

 

TOTAL SWITZERLAND

        15,515,832        8.3
     

 

 

    

 

 

 

UNITED KINGDOM — (12.7%)

        

AstraZeneca PLC, Sponsored ADR

     17,907        1,311,151        0.7

Compass Group PLC

     20,008        527,353        0.3

Diageo PLC

     26,352        1,199,670        0.6

GSK PLC

     31,354        567,880        0.3

#   HSBC Holdings PLC, Sponsored ADR

     19,987        720,531        0.4

RELX PLC, Sponsored ADR

     35,370        1,171,101        0.6

Rio Tinto PLC

     12,176        772,698        0.4

Unilever PLC, Sponsored ADR

     29,889        1,659,736        0.9

Other Securities

        16,142,634        8.7
     

 

 

    

 

 

 

TOTAL UNITED KINGDOM

        24,072,754        12.9
     

 

 

    

 

 

 

 

12


DIMENSIONAL INTERNATIONAL SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Shares      Value†      Percentage of
Net Assets‡
 

UNITED STATES — (0.3%)

        

Ferguson PLC

     4,389      $ 618,059        0.3
     

 

 

    

TOTAL UNITED STATES

        618,059        0.3
     

 

 

    

 

 

 

TOTAL COMMON STOCKS

        185,121,775        98.8
     

 

 

    

 

 

 

PREFERRED STOCKS — (0.5%)

        

GERMANY — (0.5%)

        

Other Securities

        941,930        0.5
     

 

 

    

 

 

 

TOTAL PREFERRED STOCKS

        941,930        0.5
     

 

 

    

 

 

 

RIGHTS/WARRANTS — (0.0%)

        

AUSTRIA — (0.0%)

        

Other Securities

        —          0.0
     

 

 

    

 

 

 

FRANCE — (0.0%)

        

Other Securities

        1,112        0.0
     

 

 

    

 

 

 

SWEDEN — (0.0%)

        

Other Securities

        2        0.0
     

 

 

    

 

 

 

UNITED STATES — (0.0%)

        

Other Securities

        4        0.0
     

 

 

    

 

 

 

TOTAL RIGHTS/WARRANTS

        1,118        0.0
     

 

 

    

 

 

 

TOTAL INVESTMENT SECURITIES — (98.2%)
(Cost $167,256,774)

        186,064,823     
     

 

 

    

SECURITIES LENDING COLLATERAL — (1.8%)

        

@§ The DFA Short Term Investment Fund

     293,173        3,390,638        1.8
     

 

 

    

 

 

 

TOTAL INVESTMENTS — (100.0%)
(Cost $170,647,412)

      $ 189,455,461        101.1
     

 

 

    

 

 

 

Summary of the Fund’s investments as of April 30, 2023, 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

   $ 9,007,007      $ 3,784      $ —        $ 9,010,791  

Austria

     592,398        —          —          592,398  

Belgium

     1,950,193        —          —          1,950,193  

Canada

     17,407,883        —          —          17,407,883  

Denmark

     7,290,936        —          —          7,290,936  

Finland

     3,742,546        —          —          3,742,546  

France

     19,229,642        380        —          19,230,022  

Germany

     13,122,799        —          —          13,122,799  

Hong Kong

     3,320,265        —          —          3,320,265  

Ireland

     1,184,573        —          —          1,184,573  

Israel

     624,366        —          —          624,366  

Italy

     4,182,877        —          —          4,182,877  

Japan

     39,920,252        —          —          39,920,252  

Netherlands

     8,650,597        —          —          8,650,597  

New Zealand

     493,090        —          —          493,090  

Norway

     1,130,935        —          —          1,130,935  

Portugal

     371,398        —          —          371,398  

Singapore

     1,186,319        —          —          1,186,319  

Spain

     4,172,072        —          —          4,172,072  

Sweden

     7,330,818        —          —          7,330,818  

Switzerland

     15,515,832        —          —          15,515,832  

United Kingdom

     24,072,754        —          —          24,072,754  

 

13


DIMENSIONAL INTERNATIONAL SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Investments in Securities (Market Value)  
     Level 1      Level 2      Level 3      Total  

United States

   $ 618,059      $ —        $ —        $ 618,059  

Preferred Stocks

           

Germany

     941,930        —          —          941,930  

Rights/Warrants

           

Austria

     —          —          —          —    

France

     —          1,112        —          1,112  

Sweden

     2        —          —          2  

United States

     —          —          4        4  

Securities Lending Collateral

     —          3,390,638        —          3,390,638  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Investments

   $ 186,059,543      $ 3,395,914      $ 4      $ 189,455,461  
  

 

 

    

 

 

    

 

 

    

 

 

 

A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

 

14


DIMENSIONAL EMERGING MARKETS SUSTAINABILITY CORE 1 ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

 

     Shares      Value†      Percentage of
Net Assets‡
 

COMMON STOCKS — (99.0%)

        

BRAZIL — (3.6%)

        

Other Securities

      $ 4,464,414        3.5
     

 

 

    

 

 

 

CHILE — (0.5%)

        

Other Securities

        613,132        0.5
     

 

 

    

 

 

 

CHINA — (30.9%)

        

*   Alibaba Group Holding, Ltd.

     173,800        1,816,621        1.5

ANTA Sports Products, Ltd.

     28,200        347,745        0.3

*   Baidu, Inc., Class A

     26,000        383,215        0.3

Bank of China, Ltd., Class H

     2,075,000        827,367        0.7

China Construction Bank Corp., Class H

     983,000        657,429        0.5

China Merchants Bank Co., Ltd., Class H

     69,000        330,941        0.3

China Resources Beer Holdings Co., Ltd.

     54,000        415,152        0.3

China Resources Land, Ltd.

     88,000        408,056        0.3

ENN Energy Holdings, Ltd.

     30,000        408,922        0.3

Industrial & Commercial Bank of China, Ltd., Class H

     1,487,000        799,391        0.6

JD.com, Inc., Class A

     18,800        325,472        0.3

Lenovo Group, Ltd.

     510,000        521,051        0.4

Li Ning Co., Ltd.

     83,500        594,081        0.5

*W  Meituan, Class B

     31,510        533,871        0.4

NetEase, Inc.

     47,100        831,611        0.7

*   PDD Holdings, Inc., Sponsored ADR

     5,419        369,305        0.3

PICC Property & Casualty Co., Ltd., Class H

     324,000        390,869        0.3

Ping An Insurance Group Co. of China, Ltd., Class H

     155,500        1,123,180        0.9

Sinopharm Group Co., Ltd., Class H

     114,800        405,827        0.3

Tencent Holdings, Ltd.

     81,100        3,558,114        2.8

*   Vipshop Holdings, Ltd., Sponsored ADR

     27,361        429,568        0.4

*W  Xiaomi Corp., Class B

     311,400        438,742        0.4

Other Securities

        22,937,133        17.9
     

 

 

    

 

 

 

TOTAL CHINA

        38,853,663        30.7
     

 

 

    

 

 

 

COLOMBIA — (0.1%)

        

Other Securities

        68,931        0.1
     

 

 

    

 

 

 

CZECHIA — (0.0%)

        

Other Securities

        21,754        0.0
     

 

 

    

 

 

 

EGYPT — (0.0%)

        

Other Securities

        17,659        0.0
     

 

 

    

 

 

 

GREECE — (0.4%)

        

Other Securities

        458,299        0.4
     

 

 

    

 

 

 

HUNGARY — (0.1%)

        

Other Securities

        175,017        0.1
     

 

 

    

 

 

 

INDIA — (14.3%)

        

Asian Paints, Ltd.

     10,336        366,570        0.3

HDFC Bank, Ltd.

     21,473        442,809        0.4

Hindustan Unilever, Ltd.

     14,522        436,053        0.4

ICICI Bank, Ltd., Sponsored ADR

     17,561        399,513        0.3

Infosys, Ltd.

     89,452        1,369,332        1.1

Mahindra & Mahindra, Ltd.

     22,126        331,716        0.3

Tata Consultancy Services, Ltd.

     18,571        730,540        0.6

Other Securities

        13,935,141        10.8
     

 

 

    

 

 

 

TOTAL INDIA

        18,011,674        14.2
     

 

 

    

 

 

 

 

15


DIMENSIONAL EMERGING MARKETS SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Shares      Value†      Percentage of
Net Assets‡
 

INDONESIA — (0.8%)

        

Other Securities

      $ 992,045        0.8
     

 

 

    

 

 

 

KOREA, REPUBLIC OF — (14.1%)

        

Ecopro Co., Ltd.

     1,014        553,063        0.5

KB Financial Group, Inc.

     10,327        381,938        0.3

LG Electronics, Inc.

     4,398        359,161        0.3

Samsung Electronics Co., Ltd., GDR

     292        360,328        0.3

Samsung Electronics Co., Ltd.

     69,245        3,388,783        2.7

Shinhan Financial Group Co., Ltd.

     12,289        320,906        0.3

SK Hynix, Inc.

     5,728        383,036        0.3

Other Securities

        12,022,149        9.4
     

 

 

    

 

 

 

TOTAL KOREA, REPUBLIC OF

        17,769,364        14.1
     

 

 

    

 

 

 

KUWAIT — (0.2%)

        

Other Securities

        191,437        0.2
     

 

 

    

 

 

 

MALAYSIA — (1.1%)

        

Other Securities

        1,362,318        1.1
     

 

 

    

 

 

 

MEXICO — (2.4%)

        

Other Securities

        2,972,325        2.3
     

 

 

    

 

 

 

PERU — (0.1%)

        

Other Securities

        119,938        0.1
     

 

 

    

 

 

 

PHILIPPINES — (0.4%)

        

Other Securities

        462,088        0.4
     

 

 

    

 

 

 

POLAND — (0.8%)

        

Other Securities

        968,814        0.8
     

 

 

    

 

 

 

QATAR — (0.8%)

        

Other Securities

        1,011,700        0.8
     

 

 

    

 

 

 

SAUDI ARABIA — (3.3%)

        

Al Rajhi Bank

     24,962        511,126        0.4

Other Securities

        3,697,788        2.9
     

 

 

    

 

 

 

TOTAL SAUDI ARABIA

        4,208,914        3.3
     

 

 

    

 

 

 

SOUTH AFRICA — (2.5%)

        

Gold Fields, Ltd., Sponsored ADR

     28,783        447,863        0.4

Other Securities

        2,746,804        2.1
     

 

 

    

 

 

 

TOTAL SOUTH AFRICA

        3,194,667        2.5
     

 

 

    

 

 

 

TAIWAN — (18.7%)

        

Accton Technology Corp.

     51,000        496,023        0.4

CTBC Financial Holding Co., Ltd.

     513,000        377,126        0.3

Fubon Financial Holding Co., Ltd.

     202,000        387,672        0.3

Hon Hai Precision Industry Co., Ltd.

     162,000        550,671        0.4

International Games System Co., Ltd.

     32,000        556,884        0.5

Lite-On Technology Corp.

     190,000        454,257        0.4

MediaTek, Inc.

     39,000        843,620        0.7

Novatek Microelectronics Corp.

     34,000        462,845        0.4

Pegatron Corp.

     253,000        576,075        0.5

Realtek Semiconductor Corp.

     49,000        572,205        0.5

Taiwan Semiconductor Manufacturing Co., Ltd.

     213,000        3,478,117        2.8

Other Securities

        14,769,351        11.4
     

 

 

    

 

 

 

TOTAL TAIWAN

        23,524,846        18.6
     

 

 

    

 

 

 

THAILAND — (1.7%)

        

Other Securities

        2,098,338        1.7
     

 

 

    

 

 

 

TURKEY — (0.7%)

        

Other Securities

        926,528        0.7
     

 

 

    

 

 

 

 

16


DIMENSIONAL EMERGING MARKETS SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Shares      Value†      Percentage of
Net Assets‡
 

UNITED ARAB EMIRATES — (1.5%)

        

Emirates Telecommunications Group Co. PJSC

     55,373      $ 361,915        0.3

Other Securities

        1,568,694        1.2
     

 

 

    

 

 

 

TOTAL UNITED ARAB EMIRATES

        1,930,609        1.5
     

 

 

    

 

 

 

TOTAL COMMON STOCKS

        124,418,474        98.4
     

 

 

    

 

 

 

PREFERRED STOCKS — (0.8%)

        

BRAZIL — (0.8%)

        

Other Securities

        1,030,362        0.8
     

 

 

    

 

 

 

CHILE — (0.0%)

        

Other Securities

        24,527        0.0
     

 

 

    

 

 

 

COLOMBIA — (0.0%)

        

Other Securities

        717        0.0
     

 

 

    

 

 

 

TOTAL PREFERRED STOCKS

        1,055,606        0.8
     

 

 

    

 

 

 

INVESTMENT COMPANY — (0.0%)

        

BRAZIL — (0.0%)

        

Other Securities

        59        0.0
     

 

 

    

 

 

 

TOTAL INVESTMENT COMPANY

        59        0.0
     

 

 

    

 

 

 

RIGHTS/WARRANTS — (0.0%)

        

BRAZIL — (0.0%)

        

Other Securities

        230        0.0
     

 

 

    

 

 

 

CHINA — (0.0%)

        

Other Securities

        —          0.0
     

 

 

    

 

 

 

TAIWAN — (0.0%)

        

Other Securities

        —          0.0
     

 

 

    

 

 

 

THAILAND — (0.0%)

        

Other Securities

        21        0.0
     

 

 

    

 

 

 

TOTAL RIGHTS/WARRANTS

        251        0.0
     

 

 

    

 

 

 

TOTAL INVESTMENT SECURITIES — (99.8%)
(Cost $114,922,776)

        125,474,390     
     

 

 

    

SECURITIES LENDING COLLATERAL — (0.2%)

        

@§ The DFA Short Term Investment Fund

     19,884        229,968        0.2
     

 

 

    

 

 

 

TOTAL INVESTMENTS — (100.0%)
(Cost $115,152,744)

      $ 125,704,358        99.4
     

 

 

    

 

 

 

Summary of the Fund’s investments as of April 30, 2023, 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

           

Brazil

   $ 4,464,414      $ —        $ —        $ 4,464,414  

Chile

     613,132        —          —          613,132  

China

     38,792,089        61,574        —          38,853,663  

Colombia

     68,931        —          —          68,931  

Czechia

     21,754        —          —          21,754  

Egypt

     17,659        —          —          17,659  

Greece

     458,299        —          —          458,299  

Hungary

     175,017        —          —          175,017  

India

     17,978,015        7,539        26,120        18,011,674  

Indonesia

     992,045        —          —          992,045  

Korea, Republic of

     17,466,620        302,744        —          17,769,364  

Kuwait

     191,437        —          —          191,437  

 

17


DIMENSIONAL EMERGING MARKETS SUSTAINABILITY CORE 1 ETF

CONTINUED

 

     Investments in Securities (Market Value)  
     Level 1      Level 2      Level 3      Total  

Malaysia

   $ 1,362,318      $ —        $ —        $ 1,362,318  

Mexico

     2,972,325        —          —          2,972,325  

Peru

     119,938        —          —          119,938  

Philippines

     462,088        —          —          462,088  

Poland

     968,814        —          —          968,814  

Qatar

     1,011,700        —          —          1,011,700  

Saudi Arabia

     4,208,914        —          —          4,208,914  

South Africa

     3,194,667        —          —          3,194,667  

Taiwan

     23,524,846        —          —          23,524,846  

Thailand

     2,090,964        7,374        —          2,098,338  

Turkey

     926,528        —          —          926,528  

United Arab Emirates

     1,930,609        —          —          1,930,609  

Preferred Stocks

           

Brazil

     1,030,362        —          —          1,030,362  

Chile

     24,527        —          —          24,527  

Colombia

     717        —          —          717  

Rights/Warrants

           

Brazil

     230        —          —          230  

China

     —          —          —          —    

Taiwan

     —          —          —          —    

Thailand

     —          21        —          21  

Investment Company

     59        —          —          59  

Securities Lending Collateral

     —          229,968        —          229,968  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Investments

   $ 125,069,018      $ 609,220      $ 26,120      $ 125,704,358  
  

 

 

    

 

 

    

 

 

    

 

 

 

A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

See accompanying Notes to Financial Statements.

 

18


DIMENSIONAL GLOBAL SUSTAINABILITY FIXED INCOME ETF

SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)

 

     Face
Amount ^
     Value†  
     (000)         

AGENCY OBLIGATIONS — (8.7%)

     

Federal National Mortgage Association

     

2.000%, 05/25/38, 15YR TBA

     2,615      $ 2,360,037  

2.500%, 05/25/38, 15YR TBA

     2,161        2,008,126  

2.500%, 05/25/53, 30YR TBA

     2,752        2,382,791  

2.000%, 05/25/53, 30YR TBA

     278        231,267  

3.000%, 05/25/53, 30YR TBA

     2,700        2,425,148  

Government National Mortgage Association

     

3.000%, 05/20/53, 30YR TBA

     697        636,013  

3.500%, 05/20/53, 30YR TBA

     1,335        1,253,127  

TOTAL AGENCY OBLIGATIONS

        11,296,509  
     

 

 

 

BONDS — (77.6%)

     

AUSTRALIA — (4.3%)

     

ASB Finance, Ltd.

     

0.250%, 09/08/28, MTN

     118        107,210  

New South Wales Treasury Corp.

     

1.750%, 03/20/34

     2,700        1,401,989  

South Australian Government Financing Authority

     

1.750%, 05/24/34

     500        258,433  

2.000%, 05/23/36

     800        401,410  

Treasury Corp. of Victoria

     

2.000%, 09/17/35

     1,012        516,795  

4.750%, 09/15/36

     2,138        1,457,803  

Westpac Banking Corp.

     

4.892%, 02/16/28, MTN

     500        331,249  

Westpac Securities NZ, Ltd.

     

1.099%, 03/24/26, MTN

     1,015        1,036,519  
     

 

 

 

TOTAL AUSTRALIA

        5,511,408  
     

 

 

 

AUSTRIA — (0.3%)

     

Oesterreichische Kontrollbank AG

     

3.125%, 11/07/23

     350        346,456  
     

 

 

 

TOTAL AUSTRIA

        346,456  
     

 

 

 

BELGIUM — (0.7%)

     

Dexia Credit Local SA

     

0.010%, 01/22/27, MTN

     900        884,748  
     

 

 

 

TOTAL BELGIUM

        884,748  
     

 

 

 

CANADA — (6.5%)

     

Brookfield Finance, Inc.

     

3.900%, 01/25/28

     39        36,760  
     Face
Amount ^
     Value†  
     (000)         

CANADA — (Continued)

     

4.850%, 03/29/29

     12      $ 11,804  

4.350%, 04/15/30

     219        207,482  

2.724%, 04/15/31

     5        4,198  

Canadian Imperial Bank of Commerce

     

#   3.600%, 04/07/32

     595        548,691  

CDP Financial, Inc.

     

1.125%, 04/06/27

     500        507,938  

CPPIB Capital, Inc.

     

1.250%, 12/07/27

     856        934,799  

Fairfax Financial Holdings, Ltd.

     

4.850%, 04/17/28

     100        98,369  

4.625%, 04/29/30

     50        47,795  

3.375%, 03/03/31

     100        85,054  

W  5.625%, 08/16/32

     664        657,294  

OMERS Finance Trust

     

0.450%, 05/13/25

     300        311,201  

Ontario Teachers’ Finance Trust

     

3.300%, 10/05/29, MTN

     800        873,273  

0.050%, 11/25/30

     700        597,720  

1.850%, 05/03/32

     924        889,143  

Province of Alberta Canada

     

0.625%, 04/18/25

     300        314,000  

Province of Ontario Canada

     

0.250%, 12/15/26, MTN

     899        967,468  

Rogers Communications, Inc.

     

2.900%, 11/15/26

     41        37,794  

7.500%, 08/15/38

     456        516,727  

Royal Bank of Canada

     

2.125%, 04/26/29, MTN

     700        694,230  
     

 

 

 

TOTAL CANADA

        8,341,740  
     

 

 

 

FINLAND — (1.3%)

     

Finnvera Oyj

     

2.125%, 03/08/28, MTN

     500        530,222  

Nordea Bank Abp

     

1.125%, 02/12/25, MTN

     417        439,566  

0.500%, 11/02/28, MTN

     821        754,735  
     

 

 

 

TOTAL FINLAND

        1,724,523  
     

 

 

 

FRANCE — (8.4%)

     

Agence Francaise de Developpement EPIC

     

0.500%, 05/31/35, MTN

     1,200        951,246  

Agence France Locale

     

2.810%, 03/20/31, MTN

     800        687,966  

BNP Paribas SA

     

3.625%, 09/01/29, MTN

     500        534,363  

BPCE SA

     

W  2.700%, 10/01/29

     50        44,077  

0.625%, 01/15/30

     300        267,393  

2.375%, 04/26/32, MTN

     800        775,368  

 

19


DIMENSIONAL GLOBAL SUSTAINABILITY FIXED INCOME ETF

CONTINUED

 

     Face
Amount ^
     Value†  
     (000)         

FRANCE — (Continued)

     

Credit Agricole SA

     

0.375%, 04/20/28, MTN

     500      $ 462,243  

2.500%, 08/29/29, MTN

     400        411,093  

French Republic Government Bond OAT

     

W  1.250%, 05/25/36

     2,588        2,299,314  

1.250%, 05/25/38

     693        590,683  

La Poste SA

     

2.625%, 09/14/28, MTN

     900        958,753  

0.625%, 01/18/36, MTN

     400        298,796  

Societe Generale SA

     

0.250%, 07/08/27, MTN

     700        664,366  

4.250%, 11/16/32, MTN

     100        111,838  

Societe Nationale SNCF SA

     

1.500%, 02/02/29, MTN

     900        905,652  

UNEDIC ASSEO

     

0.500%, 05/25/36, MTN

     1,000        772,673  

Vinci SA

     

2.250%, 03/15/27, MTN

     200        228,997  
     

 

 

 

TOTAL FRANCE

        10,964,821  
     

 

 

 

GERMANY — (4.5%)

     

BMW US Capital LLC

     

1.000%, 04/20/27, MTN

     114        115,870  

W  3.700%, 04/01/32

     50        47,065  

Bundesrepublik Deutschland Bundesanleihe

     

1.000%, 08/15/24

     1,132        1,220,930  

Deutsche Bahn Finance GMBH

     

0.375%, 12/03/26, MTN

     306        332,614  

0.750%, 07/16/35, MTN

     1,520        1,228,566  

Deutsche Telekom International Finance BV

     

2.500%, 10/10/25, MTN

     200        238,969  

W  4.750%, 06/21/38

     35        33,311  

Fresenius Medical Care AG & Co KGaA

     

3.875%, 09/20/27, MTN

     209        228,689  

Fresenius Medical Care US Finance III, Inc.

     

W  3.750%, 06/15/29

     138        120,352  

Fresenius SE & Co KGaA

     

2.875%, 05/24/30, MTN

     150        150,503  

HOWOGE Wohnungsbaugesellschaft mbH

     

0.625%, 11/01/28, MTN

     200        180,960  

Kreditanstalt fuer Wiederaufbau

     

2.600%, 06/20/37

     62,000        571,651  

Mercedes-Benz International Finance BV

     

2.000%, 08/22/26, MTN

     796        852,312  

Siemens Financieringsmaatschappij NV

     

2.250%, 03/10/25, MTN

     200        216,564  

W  2.875%, 03/11/41

     213        165,808  
     Face
Amount ^
     Value†  
     (000)         

GERMANY — (Continued)

     

State of North Rhine-Westphalia Germany

     

1.875%, 03/15/24, MTN

     280      $ 305,100  
     

 

 

 

TOTAL GERMANY

        6,009,264  
     

 

 

 

IRELAND — (0.4%)

     

AerCap Ireland Capital DAC/AerCap Global Aviation Trust

     

3.650%, 07/21/27

     64        59,551  

3.300%, 01/30/32

     677        554,512  
     

 

 

 

TOTAL IRELAND

        614,063  
     

 

 

 

ITALY — (1.1%)

     

Intesa Sanpaolo SpA

     

5.250%, 01/12/24

     29        28,876  

W  3.250%, 09/23/24

     45        43,375  

1.350%, 02/24/31, MTN

     500        416,676  

Italy Buoni Poliennali Del Tesoro

     

5.750%, 02/01/33

     483        601,243  

W  0.950%, 03/01/37

     193        139,811  

W  3.250%, 03/01/38

     100        96,499  

W  1.800%, 03/01/41

     100        75,232  
     

 

 

 

TOTAL ITALY

        1,401,712  
     

 

 

 

JAPAN — (4.0%)

     

7-Eleven, Inc.

     

W  1.800%, 02/10/31

     669        535,246  

Japan Government Thirty Year Bond

     

2.000%, 03/20/42

     50,000        430,206  

Japan Government Twenty Year Bond

     

0.400%, 03/20/36

     67,000        476,447  

0.600%, 09/20/37

     14,000        100,718  

Mitsubishi UFJ Financial Group, Inc.

     

3.195%, 07/18/29

     560        504,050  

Mizuho Financial Group, Inc.

     

3.490%, 09/05/27, MTN

     300        324,674  

Nomura Holdings, Inc.

     

2.679%, 07/16/30

     666        547,224  

NTT Finance Corp.

     

0.082%, 12/13/25, MTN

     665        673,982  

ORIX Corp.

     

5.200%, 09/13/32

     311        320,083  

Sumitomo Mitsui Financial Group, Inc.

     

1.546%, 06/15/26

     727        746,503  

3.040%, 07/16/29

     77        68,891  

2.724%, 09/27/29

     243        211,796  

Takeda Pharmaceutical Co., Ltd.

     

1.000%, 07/09/29

     473        446,373  

3.025%, 07/09/40

     24        18,688  
     

 

 

 

TOTAL JAPAN

        5,404,881  
     

 

 

 

LUXEMBOURG — (0.4%)

     

Prologis International Funding II SA

     

3.625%, 03/07/30, MTN

     498        517,811  
     

 

 

 

TOTAL LUXEMBOURG

        517,811  
     

 

 

 

 

20


DIMENSIONAL GLOBAL SUSTAINABILITY FIXED INCOME ETF

CONTINUED

 

     Face
Amount ^
     Value†  
     (000)         

LUXEMBOURG — (Continued)

     

NETHERLANDS — (1.9%)

     

ABN AMRO Bank NV

     

4.250%, 02/21/30, MTN

     500      $ 551,415  

BNG Bank NV

     

0.500%, 12/21/26

     600        653,259  

1.600%, 11/27/30

     640        346,659  

2.450%, 07/21/32

     556        310,106  

Cooperatieve Rabobank UA

     

5.250%, 05/24/41

     118        125,911  

ING Groep NV

     

4.100%, 10/02/23

     209        207,714  

2.000%, 09/20/28, MTN

     200        200,237  

4.550%, 10/02/28

     17        16,653  

4.050%, 04/09/29

     21        20,072  
     

 

 

 

TOTAL NETHERLANDS

        2,432,026  
     

 

 

 

NEW ZEALAND — (0.4%)

     

New Zealand Government Bond

     

0.500%, 05/15/24

     850        500,417  
     

 

 

 

TOTAL NEW ZEALAND

        500,417  
     

 

 

 

SPAIN — (1.4%)

     

CaixaBank SA

     

3.750%, 09/07/29, MTN

     600        657,765  

Spain Government Bond

     

2.833%, 01/31/27

     227        224,486  

Telefonica Emisiones SA

     

7.045%, 06/20/36

     447        496,656  

4.665%, 03/06/38

     356        310,306  

Telefonica Europe BV

     

8.250%, 09/15/30

     66        77,714  
     

 

 

 

TOTAL SPAIN

        1,766,927  
     

 

 

 

SUPRANATIONAL — (4.9%)

     

African Development Bank

     

3.000%, 09/20/23

     469        465,208  

Asian Development Bank

     

0.250%, 07/14/23

     200        198,082  

2.350%, 06/21/27

     50,000        401,787  

0.750%, 12/07/27

     500        537,479  

European Investment Bank

     

2.875%, 08/15/23

     214        212,497  

2.150%, 01/18/27

     70,000        553,267  

European Union

     

2.630%, 10/04/30, MTN

     120        106,950  

Inter-American Development Bank

     

3.000%, 10/04/23

     1,073        1,063,013  

0.250%, 11/15/23

     1,093        1,064,886  

International Bank for Reconstruction & Development

     

0.250%, 11/24/23

     445        432,994  

2.500%, 01/24/24, MTN

     59        35,593  

International Finance Corp.

     

1.250%, 02/06/31, MTN

     500        265,540  

1.500%, 04/15/35, MTN

     2,100        1,003,995  
     

 

 

 

TOTAL SUPRANATIONAL

        6,341,291  
     

 

 

 
     Face
Amount ^
     Value†  
     (000)         

SUPRANATIONAL — (Continued)

     

SWEDEN — (1.6%)

     

Kommuninvest I Sverige AB

     

1.000%, 05/12/25, MTN

     1,000      $ 92,792  

Svenska Handelsbanken AB

     

3.900%, 11/20/23

     115        114,082  

0.050%, 09/06/28, MTN

     1,600        1,455,240  

Volvo Treasury AB

     

2.625%, 02/20/26, MTN

     350        378,246  
     

 

 

 

TOTAL SWEDEN

        2,040,360  
     

 

 

 

SWITZERLAND — (0.1%)

     

Novartis Capital Corp.

     

3.400%, 05/06/24

     120        118,211  
     

 

 

 

TOTAL SWITZERLAND

        118,211  
     

 

 

 

UNITED KINGDOM — (5.1%)

     

Ashtead Capital, Inc.

     

W  5.500%, 08/11/32

     259        255,822  

British Telecommunications PLC

     

5.125%, 12/04/28

     45        45,614  

W  3.250%, 11/08/29

     184        166,766  

3.375%, 08/30/32, MTN

     200        211,949  

Diageo Finance PLC

     

1.750%, 10/12/26, MTN

     250        286,029  

HSBC USA, Inc.

     

3.750%, 05/24/24

     135        132,614  

Lloyds Banking Group PLC

     

4.375%, 03/22/28

     269        259,976  

4.550%, 08/16/28

     176        169,722  

Motability Operations Group PLC

     

3.750%, 07/16/26, MTN

     250        305,539  

Nationwide Building Society

     

3.250%, 09/05/29, MTN

     515        543,178  

Unilever Finance Netherlands BV

     

1.375%, 09/04/30

     804        784,401  

United Kingdom Gilt

     

0.625%, 07/31/35

     1,489        1,285,884  

1.750%, 09/07/37

     1,667        1,590,293  

Vodafone Group PLC

     

6.150%, 02/27/37

     466        502,018  
     

 

 

 

TOTAL UNITED KINGDOM

        6,539,805  
     

 

 

 

UNITED STATES — (30.3%)

     

AbbVie, Inc.

     

4.050%, 11/21/39

     27        23,883  

Advance Auto Parts, Inc.

     

3.900%, 04/15/30

     255        233,927  

Affiliated Managers Group, Inc.

     

3.300%, 06/15/30

     648        562,079  

Amcor Finance USA, Inc.

     

4.500%, 05/15/28

     50        49,411  

American Express Co.

     

4.050%, 05/03/29

     370        362,313  

4.050%, 12/03/42

     200        181,284  

 

21


DIMENSIONAL GLOBAL SUSTAINABILITY FIXED INCOME ETF

CONTINUED

 

     Face
Amount ^
     Value†  
     (000)         

UNITED STATES — (Continued)

     

American Medical Systems Europe BV

     

1.625%, 03/08/31

     473      $ 443,571  

American Tower Corp.

     

1.500%, 01/31/28

     39        33,551  

American Water Capital Corp.

     

6.593%, 10/15/37

     664        762,745  

Amgen, Inc.

     

6.400%, 02/01/39

     93        101,537  

Arrow Electronics, Inc.

     

3.875%, 01/12/28

     561        528,275  

Assured Guaranty US Holdings, Inc.

     

3.150%, 06/15/31

     88        77,055  

AT&T, Inc.

     

3.550%, 12/17/32

     360        382,733  

4.850%, 03/01/39

     322        302,155  

Autodesk, Inc.

     

2.850%, 01/15/30

     244        217,796  

Avnet, Inc.

     

3.000%, 05/15/31

     224        182,819  

5.500%, 06/01/32

     229        222,197  

Best Buy Co., Inc.

     

1.950%, 10/01/30

     1        820  

Booking Holdings, Inc.

     

4.500%, 11/15/31

     1,048        1,205,191  

Brighthouse Financial, Inc.

     

5.625%, 05/15/30

     306        298,872  

Brixmor Operating Partnership, LP

     

3.900%, 03/15/27

     35        32,684  

2.250%, 04/01/28

     45        38,360  

4.125%, 05/15/29

     142        130,057  

4.050%, 07/01/30

     84        75,922  

Broadcom, Inc.

     

W  4.000%, 04/15/29

     80        75,341  

W  3.469%, 04/15/34

     422        348,642  

W  3.187%, 11/15/36

     396        301,358  

Broadstone Net Lease LLC

     

2.600%, 09/15/31

     98        71,906  

Brown & Brown, Inc.

     

2.375%, 03/15/31

     525        430,008  

Chubb INA Holdings, Inc.

     

0.875%, 12/15/29

     231        211,613  

Cigna Group (The)

     

2.400%, 03/15/30

     238        206,364  

3.200%, 03/15/40

     470        370,158  

Citigroup, Inc.

     

8.125%, 07/15/39

     70        90,472  

5.875%, 01/30/42

     125        133,313  

CNA Financial Corp.

     

3.900%, 05/01/29

     372        353,447  

CNO Financial Group, Inc.

     

5.250%, 05/30/29

     150        142,769  

Comcast Corp.

     

3.480%, 09/14/26

     611        602,323  
     Face
Amount ^
     Value†  
     (000)         

UNITED STATES — (Continued)

     

6.400%, 03/01/40

     96      $ 106,173  

Cox Communications, Inc.

     

W  2.600%, 06/15/31

     98        81,175  

W  4.800%, 02/01/35

     871        804,820  

DH Europe Finance II Sarl

     

3.250%, 11/15/39

     128        107,122  

Discover Financial Services

     

3.750%, 03/04/25

     25        23,949  

4.100%, 02/09/27

     251        238,798  

eBay, Inc.

     

6.300%, 11/22/32

     462        500,694  

Elevance Health, Inc.

     

4.100%, 05/15/32

     60        57,612  

6.375%, 06/15/37

     434        486,261  

Equifax, Inc.

     

2.350%, 09/15/31

     398        321,621  

Experian Finance PLC

     

0.739%, 10/29/25, MTN

     260        295,424  

FedEx Corp.

     

4.900%, 01/15/34

     75        74,808  

Fidelity National Financial, Inc.

     

3.400%, 06/15/30

     664        587,593  

First American Financial Corp.

     

4.000%, 05/15/30

     162        147,217  

2.400%, 08/15/31

     341        265,025  

Fiserv, Inc.

     

3.500%, 07/01/29

     80        74,515  

1.625%, 07/01/30

     150        141,637  

Flex, Ltd.

     

4.875%, 06/15/29

     317        307,498  

Flowserve Corp.

     

3.500%, 10/01/30

     402        354,771  

2.800%, 01/15/32

     90        72,780  

Fortune Brands Innovations, Inc.

     

3.250%, 09/15/29

     323        289,495  

4.000%, 03/25/32

     511        459,649  

Fox Corp.

     

3.500%, 04/08/30

     150        136,193  

5.476%, 01/25/39

     610        578,104  

GATX Corp.

     

4.550%, 11/07/28

     100        97,807  

General Motors Co.

     

6.600%, 04/01/36

     587        602,994  

General Motors Financial Co., Inc.

     

0.650%, 09/07/28

     300        272,486  

Global Payments, Inc.

     

2.150%, 01/15/27

     88        78,938  

4.450%, 06/01/28

     15        14,408  

3.200%, 08/15/29

     337        298,058  

Goldman Sachs Group, Inc. (The)

     

7.250%, 04/10/28

     827        1,121,710  

Health Care Service Corp. A Mutual Legal Reserve Co.

     

W  2.200%, 06/01/30

     436        366,038  

 

22


DIMENSIONAL GLOBAL SUSTAINABILITY FIXED INCOME ETF

CONTINUED

 

     Face
Amount ^
     Value†  
     (000)         

UNITED STATES — (Continued)

     

Healthcare Realty Holdings, LP

     

3.625%, 01/15/28

     26      $ 23,776  

3.100%, 02/15/30

     80        69,572  

Home Depot, Inc. (The)

     

3.300%, 04/15/40

     50        41,675  

HP, Inc.

     

3.400%, 06/17/30

     114        101,030  

4.200%, 04/15/32

     605        542,135  

6.000%, 09/15/41

     229        232,237  

Intel Corp.

     

4.600%, 03/25/40

     125        117,583  

International Business Machines Corp.

     

0.875%, 02/09/30, MTN

     550        511,936  

4.150%, 05/15/39

     123        109,148  

International Flavors & Fragrances, Inc.

     

4.450%, 09/26/28

     15        14,042  

W  3.268%, 11/15/40

     165        117,770  

Interpublic Group of Cos., Inc. (The)

     

4.750%, 03/30/30

     56        54,984  

3.375%, 03/01/41

     691        522,170  

Invitation Homes Operating Partnership, LP

     

2.000%, 08/15/31

     69        53,175  

Jackson Financial, Inc.

     

#   5.670%, 06/08/32

     407        403,066  

Johnson & Johnson

     

5.850%, 07/15/38

     486        565,431  

JPMorgan Chase & Co.

     

5.600%, 07/15/41

     90        93,860  

Juniper Networks, Inc.

     

3.750%, 08/15/29

     215        202,256  

Kemper Corp.

     

2.400%, 09/30/30

     94        75,767  

Kraft Heinz Foods Co.

     

W  7.125%, 08/01/39

     686        783,968  

Lazard Group LLC

     

4.500%, 09/19/28

     268        258,067  

Lear Corp.

     

4.250%, 05/15/29

     341        325,904  

Liberty Mutual Group, Inc.

     

W  4.569%, 02/01/29

     357        344,410  

Marsh & McLennan Cos., Inc.

     

4.750%, 03/15/39

     394        373,257  

Mastercard, Inc.

     

3.375%, 04/01/24

     98        96,501  

MetLife, Inc.

     

5.375%, 12/09/24

     75        93,876  

5.700%, 06/15/35

     95        101,199  

Mohawk Industries, Inc.

     

3.625%, 05/15/30

     293        267,403  

Morgan Stanley

     

1.875%, 04/27/27, MTN

     400        408,505  
     Face
Amount ^
     Value†  
     (000)         

UNITED STATES — (Continued)

     

7.250%, 04/01/32

     9      $ 10,615  

6.375%, 07/24/42

     120        135,847  

Motorola Solutions, Inc.

     

4.600%, 02/23/28

     5        4,960  

2.300%, 11/15/30

     95        77,884  

2.750%, 05/24/31

     756        629,240  

Mylan, Inc.

     

4.550%, 04/15/28

     40        38,319  

NewMarket Corp.

     

2.700%, 03/18/31

     264        222,192  

NIKE, Inc.

     

3.250%, 03/27/40

     602        508,054  

Oracle Corp.

     

6.500%, 04/15/38

     223        243,611  

6.125%, 07/08/39

     455        480,047  

3.600%, 04/01/40

     117        90,854  

5.375%, 07/15/40

     80        77,070  

Penske Truck Leasing Co., Lp/PTL Finance Corp.

     

W  3.350%, 11/01/29

     350        310,996  

Pfizer, Inc.

     

7.200%, 03/15/39

     245        309,470  

Principal Financial Group, Inc.

     

3.700%, 05/15/29

     379        359,723  

Prologis, LP

     

4.625%, 01/15/33

     117        116,567  

Prudential Financial, Inc.

     

5.700%, 12/14/36, MTN

     96        103,363  

PulteGroup, Inc.

     

7.875%, 06/15/32

     200        233,451  

Reinsurance Group of America, Inc.

     

3.150%, 06/15/30

     335        294,360  

Revvity, Inc.

     

2.550%, 03/15/31

     85        70,765  

Schlumberger Holdings Corp.

     

W  4.300%, 05/01/29

     357        348,528  

Simon Property Group, LP

     

2.250%, 01/15/32

     512        407,552  

6.750%, 02/01/40

     431        482,926  

Spirit Realty, LP

     

2.100%, 03/15/28

     105        88,679  

4.000%, 07/15/29

     285        258,461  

STORE Capital Corp.

     

4.500%, 03/15/28

     434        387,694  

Sutter Health

     

3.695%, 08/15/28

     41        39,015  

3.161%, 08/15/40

     780        596,753  

Tapestry, Inc.

     

3.050%, 03/15/32

     870        720,470  

Texas Instruments, Inc.

     

3.875%, 03/15/39

     1,153        1,058,377  

Thermo Fisher Scientific, Inc.

     

3.200%, 01/21/26

     150        164,654  

 

23


DIMENSIONAL GLOBAL SUSTAINABILITY FIXED INCOME ETF

CONTINUED

 

     Face
Amount ^
     Value†  
     (000)         

UNITED STATES — (Continued)

     

T-Mobile USA, Inc.

     

4.375%, 04/15/40

     550      $ 493,999  

Travelers Cos., Inc. (The)

     

6.250%, 06/15/37, MTN

     141        159,784  

5.350%, 11/01/40

     316        332,872  

UnitedHealth Group, Inc.

     

5.700%, 10/15/40

     237        255,662  

Unum Group

     

5.750%, 08/15/42

     757        706,653  

Upjohn Finance BV

     

1.362%, 06/23/27

     400        390,687  

Verizon Communications, Inc.

     

0.875%, 03/19/32

     250        214,736  

VF Corp.

     

#   2.950%, 04/23/30

     602        510,217  

Walgreens Boots Alliance, Inc.

     

4.500%, 11/18/34

     331        305,378  

Walt Disney Co. (The)

     

6.650%, 11/15/37

     337        400,333  

Welltower OP LLC

     

3.850%, 06/15/32

     80        71,902  

Western Union Co. (The)

     

1.350%, 03/15/26

     131        117,967  

2.750%, 03/15/31

     939        751,983  

Whirlpool Corp.

     

4.750%, 02/26/29

     75        74,937  

WP Carey, Inc.

     

3.850%, 07/15/29

     80        74,321  
     

 

 

 

TOTAL UNITED STATES

        39,788,955  
     

 

 

 
     Face
Amount ^
     Value†  
     (000)         

UNITED STATES — (Continued)

     

TOTAL BONDS

      $ 101,249,419  
     

 

 

 

U.S. TREASURY OBLIGATIONS — (13.0%)

 

  

U.S. Treasury Bonds

     

1.125%, 08/15/40

     1,670        1,109,898  

1.750%, 08/15/41

     5,295        3,851,346  

U.S. Treasury Notes

     

0.125%, 07/31/23

     222        219,294  

0.125%, 08/31/23

     1,306        1,284,829  

0.250%, 09/30/23

     420        412,092  

0.375%, 10/31/23

     170        166,202  

2.750%, 02/15/24

     271        266,395  

1.500%, 02/29/24

     3,336        3,244,130  

0.250%, 03/15/24

     1,800        1,729,758  

2.250%, 03/31/24

     3,802        3,714,079  

2.500%, 05/31/24

     212        206,932  

3.000%, 06/30/24

     811        795,825  

TOTAL U.S. TREASURY OBLIGATIONS

        17,000,780  
     

 

 

 

TOTAL INVESTMENT SECURITIES — (99.3%)
(Cost $126,427,195)

        129,546,708  
     

 

 

 

SECURITIES LENDING COLLATERAL — (0.7%)

     

The DFA Short Term

     

@§ Investment Fund

     76,202        881,300  
     

 

 

 

TOTAL INVESTMENTS — (100.0%) (Cost $127,308,495)

      $ 130,428,008  
     

 

 

 

Forward Currency Contracts

As of April 30, 2023, Dimensional Global Sustainability Fixed Income ETF had entered into the following forward currency contracts:

 

Currency Purchased

     Currency Sold     

Counterparty

   Settlement
Date
     Unrealized
Foreign
Exchange
Appreciation
(Depreciation)
 

USD

     1,133,076      JPY      148,776,026      Citigroup      05/02/23      $ 40,460  

GBP

     75,980      USD      91,498      Citigroup      05/09/23        4,017  

GBP

     93,464      USD      115,745      Citigroup      05/09/23        1,749  

GBP

     90,424      USD      112,452      State Street Bank and Trust      05/09/23        1,221  

USD

     537,988      NZD      868,798      Citigroup      05/15/23        1,393  

USD

     123,367      AUD