Dimensional ETF Trust

LOGO

Semi-Annual Report

Six Months Ended: April 30, 2023 (Unaudited)

DIMENSIONAL ETF TRUST

Dimensional U.S. Equity ETF

Dimensional U.S. Small Cap ETF

Dimensional U.S. Targeted Value ETF

Dimensional U.S. Core Equity 2 ETF

Dimensional US Marketwide Value ETF

Dimensional International Value ETF

Dimensional World ex U.S. Core Equity 2 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,



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

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL ETF TRUST

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents


Letter to Shareholders
Definitions of Abbreviations and Footnotes			3
Disclosure of Fund Expenses			4
Disclosure of Portfolio Holdings			6
Summary Schedules of Investments			8
Dimensional U.S. Equity ETF			8
Dimensional U.S. Small Cap ETF			11
Dimensional U.S. Targeted Value ETF			14
Dimensional U.S. Core Equity 2 ETF			17
Dimensional US Marketwide Value ETF			20
Dimensional International Value ETF			23
Dimensional World ex U.S. Core Equity 2 ETF			27
Statements of Assets and Liabilities			33
Statements of Operations			36
Statements of Changes In Net Assets			39
Financial Highlights			43
Notes to Financial Statements			50
Voting Proxies on Fund Portfolio Securities			65
Statement Regarding Liquidity Risk Management Program			67
Board Approval of Investment Management Agreements			69

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.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL ETF TRUST

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

(Unaudited)

Summary Schedules of Investments


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 Securities
#		Total or Partial Securities on Loan
§		Affiliated Fund
@		Security purchased with cash collateral received from Securities on Loan

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. The 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

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 U.S. Equity ETF

Actual Fund Return	$	1,000.00	$	1,077.30		0.09	%	$	0.46
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.35		0.09	%	$	0.45

Dimensional U.S. Small Cap ETF

Actual Fund Return	$	1,000.00	$	996.60		0.26	%	$	1.29
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.51		0.26	%	$	1.30

Dimensional U.S. Targeted Value ETF

Actual Fund Return	$	1,000.00	$	990.10		0.28	%	$	1.38
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.41		0.28	%	$	1.40


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 U.S. Core Equity 2 ETF

Actual Fund Return	$	1,000.00	$	1,057.00		0.17	%	$	0.87
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.95		0.17	%	$	0.85

Dimensional US Marketwide Value ETF

Actual Fund Return	$	1,000.00	$	1,016.50		0.21	%	$	1.05
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.75		0.21	%	$	1.05

Dimensional International Value ETF

Actual Fund Return	$	1,000.00	$	1,215.70		0.27	%	$	1.48
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.46		0.27	%	$	1.35

Dimensional World ex U.S. Core Equity 2 ETF

Actual Fund Return	$	1,000.00	$	1,203.20		0.28	%	$	1.53
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.41		0.28	%	$	1.40

(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.

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 U.S. Equity ETF

Communication Services	8.1	%
Consumer Discretionary	10.4	%
Consumer Staples	7.1	%
Energy	4.9	%
Financials	13.9	%
Health Care	14.3	%
Industrials	10.0	%
Information Technology	25.3	%
Materials	3.0	%
Real Estate	0.1	%
Utilities	2.9	%

	100.0	%


Dimensional U.S. Small Cap ETF

Communication Services	2.7	%
Consumer Discretionary	14.5	%
Consumer Staples	4.4	%
Energy	6.4	%
Financials	19.1	%
Health Care	11.2	%
Industrials	20.8	%
Information Technology	10.7	%
Materials	6.4	%
Real Estate	0.6	%
Utilities	3.2	%

	100.0	%


Dimensional U.S. Targeted Value ETF

Communication Services	2.9	%
Consumer Discretionary	16.5	%
Consumer Staples	4.9	%
Energy	8.6	%
Financials	25.0	%
Health Care	5.4	%
Industrials	19.4	%
Information Technology	8.2	%
Materials	7.9	%
Real Estate	0.8	%
Utilities	0.4	%

	100.0	%


Dimensional U.S. Core Equity 2 ETF

Communication Services	6.2	%
Consumer Discretionary	10.4	%
Consumer Staples	6.8	%
Energy	6.3	%
Financials	15.6	%
Health Care	12.9	%
Industrials	14.1	%
Information Technology	20.9	%
Materials	4.5	%
Real Estate	0.3	%
Utilities	2.0	%

	100.0	%


Dimensional US Marketwide Value ETF

Communication Services	8.8	%
Consumer Discretionary	6.1	%
Consumer Staples	5.7	%
Energy	14.1	%
Financials	21.6	%
Health Care	15.5	%
Industrials	14.0	%
Information Technology	7.5	%
Materials	6.2	%
Real Estate	0.3	%
Utilities	0.2	%

	100.0	%


Dimensional International Value ETF

Communication Services	3.6	%
Consumer Discretionary	12.3	%
Consumer Staples	5.2	%
Energy	13.8	%
Financials	27.6	%
Health Care	7.0	%
Industrials	11.1	%
Information Technology	1.5	%
Materials	14.4	%
Real Estate	2.2	%
Utilities	1.3	%

	100.0	%

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED


Dimensional World ex U.S. Core Equity 2 ETF

Communication Services	5.4	%
Consumer Discretionary	12.3	%
Consumer Staples	7.3	%
Energy	7.1	%
Financials	16.2	%
Health Care	6.8	%
Industrials	16.1	%
Information Technology	10.7	%
Materials	12.7	%
Real Estate	2.4	%
Utilities	3.0	%

	100.0	%

DIMENSIONAL U.S. EQUITY ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (98.2%)
COMMUNICATION SERVICES — (7.9%)
*	Alphabet, Inc., Class A		892,082	$	95,756,082		1.6	%
*	Alphabet, Inc., Class C		913,576		98,867,195		1.6	%
	Comcast Corp., Class A		700,069		28,961,855		0.5	%
*	Meta Platforms, Inc., Class A		358,593		86,177,070		1.4	%
*	Netflix, Inc.		69,952		23,079,263		0.4	%
	Verizon Communications, Inc.		664,462		25,801,059		0.4	%
*	Walt Disney Co. (The)		286,909		29,408,172		0.5	%
	Other Securities				105,151,541		1.6	%

TOTAL COMMUNICATION SERVICES					493,202,237		8.0	%

CONSUMER DISCRETIONARY — (10.2%)
*	Amazon.com, Inc.		1,414,747		149,185,071		2.4	%
	Home Depot, Inc. (The)		165,651		49,784,752		0.8	%
	McDonald’s Corp.		118,229		34,966,227		0.6	%
	NIKE, Inc., Class B		197,891		25,076,747		0.4	%
*	Tesla, Inc.		370,530		60,881,784		1.0	%
	Other Securities				319,697,191		5.2	%

TOTAL CONSUMER DISCRETIONARY					639,591,772		10.4	%

CONSUMER STAPLES — (7.0%)
	Coca-Cola Co. (The)		660,923		42,398,210		0.7	%
	Costco Wholesale Corp.		69,971		35,210,807		0.6	%
	PepsiCo., Inc.		226,994		43,330,885		0.7	%
	Philip Morris International, Inc.		243,711		24,363,789		0.4	%
	Procter & Gamble Co. (The)		386,232		60,398,960		1.0	%
	Walmart, Inc.		234,594		35,416,656		0.6	%
	Other Securities				193,151,731		3.1	%

TOTAL CONSUMER STAPLES					434,271,038		7.1	%

ENERGY — (4.8%)
	Chevron Corp.		296,333		49,955,817		0.8	%
	Exxon Mobil Corp.		664,794		78,671,722		1.3	%
	Other Securities				172,488,283		2.8	%

TOTAL ENERGY					301,115,822		4.9	%

FINANCIALS — (13.7%)
	Bank of America Corp.		1,147,818		33,608,111		0.6	%
*	Berkshire Hathaway, Inc., Class B		296,416		97,387,477		1.6	%
	JPMorgan Chase & Co.		476,586		65,883,249		1.1	%
	Mastercard, Inc., Class A		141,262		53,683,798		0.9	%
#	Visa, Inc., Class A		265,265		61,735,123		1.0	%
	Wells Fargo & Co.		581,555		23,116,811		0.4	%
	Other Securities				518,397,424		8.3	%

TOTAL FINANCIALS					853,811,993		13.9	%

HEALTH CARE — (14.1%)
	Abbott Laboratories		271,775		30,022,984		0.5	%
	AbbVie, Inc.		288,542		43,604,467		0.7	%
	Danaher Corp.		106,955		25,338,709		0.4	%
	Eli Lilly & Co.		134,484		53,236,836		0.9	%
	Johnson & Johnson		417,895		68,409,412		1.1	%
	Merck & Co., Inc.		410,625		47,414,869		0.8	%
	Pfizer, Inc.		898,230		34,932,165		0.6	%
	Thermo Fisher Scientific, Inc.		62,832		34,865,477		0.6	%
	UnitedHealth Group, Inc.		149,602		73,617,648		1.2	%

DIMENSIONAL U.S. EQUITY ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Other Securities			$	467,149,858		7.5	%

TOTAL HEALTH CARE					878,592,425		14.3	%

INDUSTRIALS — (9.8%)
	Honeywell International, Inc.		111,996		22,381,281		0.4	%
	Raytheon Technologies Corp.		236,537		23,630,046		0.4	%
	Other Securities				566,773,292		9.2	%

TOTAL INDUSTRIALS					612,784,619		10.0	%

INFORMATION TECHNOLOGY — (24.9%)
	Accenture PLC, Class A		102,280		28,668,061		0.5	%
*	Adobe, Inc.		70,506		26,620,245		0.4	%
*	Advanced Micro Devices, Inc.		266,350		23,803,700		0.4	%
	Apple, Inc.		2,547,004		432,175,639		7.0	%
	Broadcom, Inc.		66,548		41,692,322		0.7	%
	Cisco Systems, Inc.		667,401		31,534,697		0.5	%
	Microsoft Corp.		1,108,509		340,600,475		5.6	%
#	NVIDIA Corp.		377,931		104,872,073		1.7	%
	Oracle Corp.		291,161		27,578,770		0.5	%
*	Salesforce, Inc.		157,785		31,299,810		0.5	%
	Texas Instruments, Inc.		139,861		23,384,759		0.4	%
	Other Securities				439,332,381		7.0	%

TOTAL INFORMATION TECHNOLOGY					1,551,562,932		25.2	%

MATERIALS — (2.9%)
	Linde PLC		82,998		30,663,611		0.5	%
	Other Securities				151,110,776		2.5	%

TOTAL MATERIALS					181,774,387		3.0	%

REAL ESTATE — (0.1%)
	Other Securities				7,672,064		0.1	%

UTILITIES — (2.8%)
	NextEra Energy, Inc.		327,587		25,102,992		0.4	%
	Other Securities				151,808,485		2.5	%

TOTAL UTILITIES					176,911,477		2.9	%

TOTAL COMMON STOCKS					6,131,290,766		99.8	%

PREFERRED STOCK — (0.0%)
INDUSTRIALS — (0.0%)
	Other Securities				84,184		0.0	%

TOTAL PREFERRED STOCK					84,184		0.0	%

RIGHTS/WARRANTS — (0.0%)
CONSUMER DISCRETIONARY — (0.0%)
	Other Securities				—		0.0	%

ENERGY — (0.0%)
	Other Securities				5,554		0.0	%

HEALTH CARE — (0.0%)
	Other Securities				110,947		0.0	%

DIMENSIONAL U.S. EQUITY ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Securities			$	1,528		0.0	%

TOTAL RIGHTS/WARRANTS					118,029		0.0	%

TOTAL INVESTMENT SECURITIES — (98.2%)
	(Cost $2,533,579,937)				6,131,492,979

SECURITIES LENDING COLLATERAL — (1.8%)
@§	The DFA Short Term Investment Fund		9,771,970		113,015,765		1.8	%

TOTAL INVESTMENTS — (100.0%)
	(Cost $2,646,595,702)			$	6,244,508,744		101.6	%

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	$	493,202,237	$	—	$	—	$	493,202,237
Consumer Discretionary		639,591,772		—		—		639,591,772
Consumer Staples		434,271,038		—		—		434,271,038
Energy		301,115,822		—		—		301,115,822
Financials		853,811,993		—		—		853,811,993
Health Care		878,556,616		—		35,809		878,592,425
Industrials		612,784,619		—		—		612,784,619
Information Technology		1,551,562,932		—		—		1,551,562,932
Materials		181,774,387		—		—		181,774,387
Real Estate		7,672,064		—		—		7,672,064
Utilities		176,911,477		—		—		176,911,477
Preferred Stock
Industrials		84,184		—		—		84,184
Rights/Warrants
Consumer Discretionary		—		—		—		—
Energy		—		5,554		—		5,554
Health Care		—		110,461		486		110,947
Industrials		842		686		—		1,528

Securities Lending Collateral		—		113,015,765		—		113,015,765

Total Investments	$	6,131,339,983	$	113,132,466	$	36,295	$	6,244,508,744

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.

DIMENSIONAL U.S. SMALL CAP ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (94.6%)
COMMUNICATION SERVICES — (2.5%)
	Other Securities			$	134,842,062		2.7	%

CONSUMER DISCRETIONARY — (13.8%)
#*	Crocs, Inc.		119,721		14,805,896		0.3	%
#	Marriott Vacations Worldwide Corp.		103,817		13,969,616		0.3	%
	Murphy USA, Inc.		65,582		18,050,134		0.4	%
	Other Securities				684,593,282		13.5	%

TOTAL CONSUMER DISCRETIONARY					731,418,928		14.5	%

CONSUMER STAPLES — (4.2%)
	Coca-Cola Consolidated, Inc.		18,122		10,682,194		0.2	%
	Inter Parfums, Inc.		70,019		10,628,184		0.2	%
#	Lancaster Colony Corp.		58,785		12,293,119		0.2	%
	Other Securities				189,237,333		3.8	%

TOTAL CONSUMER STAPLES					222,840,830		4.4	%

ENERGY — (6.0%)
	PDC Energy, Inc.		165,120		10,741,056		0.2	%
*	TechnipFMC PLC		939,684		12,864,274		0.3	%
	Other Securities				297,759,117		5.9	%

TOTAL ENERGY					321,364,447		6.4	%

FINANCIALS — (18.0%)
	Affiliated Managers Group, Inc.		82,010		11,840,604		0.2	%
	Hanover Insurance Group, Inc. (The)		93,220		11,145,383		0.2	%
	Primerica, Inc.		63,036		11,504,700		0.2	%
	RLI Corp.		104,224		14,492,347		0.3	%
	Selective Insurance Group, Inc.		165,804		15,971,899		0.3	%
	United Bankshares, Inc.		344,597		11,416,499		0.2	%
	Other Securities				882,463,327		17.6	%

TOTAL FINANCIALS					958,834,759		19.0	%

HEALTH CARE — (10.6%)
	Ensign Group, Inc. (The)		151,763		14,734,670		0.3	%
*	Lantheus Holdings, Inc.		149,192		12,748,456		0.3	%
*	Merit Medical Systems, Inc.		159,317		12,950,879		0.3	%
*	Option Care Health, Inc.		431,727		13,880,023		0.3	%
	Other Securities				510,929,578		10.0	%

TOTAL HEALTH CARE					565,243,606		11.2	%

INDUSTRIALS — (19.7%)
	AAON, Inc.		107,547		10,539,606		0.2	%
	Applied Industrial Technologies, Inc.		116,685		15,829,487		0.3	%
*	Casella Waste Systems, Inc.		138,950		12,366,550		0.3	%
	Comfort Systems USA, Inc.		107,088		16,008,585		0.3	%
*	ExlService Holdings, Inc.		96,737		17,255,946		0.3	%
	Exponent, Inc.		125,968		11,595,354		0.2	%
#*	FTI Consulting, Inc.		68,013		12,276,346		0.3	%
#	GATX Corp.		103,959		11,841,970		0.2	%
	Insperity, Inc.		97,927		11,992,140		0.2	%
	MSA Safety, Inc.		86,235		11,188,991		0.2	%
#*	Saia, Inc.		35,716		10,635,153		0.2	%
	Timken Co. (The)		190,174		14,614,872		0.3	%
#*	TriNet Group, Inc.		132,992		12,338,998		0.3	%
	Triton International, Ltd.		146,635		12,122,315		0.2	%

DIMENSIONAL U.S. SMALL CAP ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
	UFP Industries, Inc.		185,926	$	14,598,910		0.3	%
	Other Securities				850,903,610		17.0	%

TOTAL INDUSTRIALS					1,046,108,833		20.8	%

INFORMATION TECHNOLOGY — (10.1%)
	Amkor Technology, Inc.		560,258		12,532,971		0.3	%
*	Cirrus Logic, Inc.		167,263		14,349,493		0.3	%
*	Insight Enterprises, Inc.		89,761		10,856,593		0.2	%
*	Novanta, Inc.		99,937		15,274,371		0.3	%
*	Onto Innovation, Inc.		145,788		11,805,912		0.2	%
	Power Integrations, Inc.		158,157		11,510,666		0.2	%
*	Rambus, Inc.		333,765		14,799,140		0.3	%
*	Silicon Laboratories, Inc.		93,195		12,982,064		0.3	%
*	SPS Commerce, Inc.		80,005		11,784,737		0.2	%
	Other Securities				421,757,438		8.4	%

TOTAL INFORMATION TECHNOLOGY					537,653,385		10.7	%

MATERIALS — (6.1%)
	Ashland, Inc.		106,165		10,787,426		0.2	%
	Commercial Metals Co.		342,146		15,974,797		0.3	%
	Element Solutions, Inc.		671,348		12,184,966		0.2	%
	HB Fuller Co.		162,042		10,722,319		0.2	%
	Louisiana-Pacific Corp.		214,908		12,838,604		0.3	%
	Silgan Holdings, Inc.		221,668		10,919,366		0.2	%
	Other Securities				249,586,545		5.0	%

TOTAL MATERIALS					323,014,023		6.4	%

REAL ESTATE — (0.6%)
	Other Securities				29,637,265		0.6	%

UTILITIES — (3.0%)
	New Jersey Resources Corp.		220,018		11,361,730		0.2	%
#	Ormat Technologies, Inc.		139,752		11,992,119		0.3	%
	Other Securities				135,457,138		2.7	%

TOTAL UTILITIES					158,810,987		3.2	%

TOTAL COMMON STOCKS					5,029,769,125		99.9	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Securities				203,457		0.0	%

INDUSTRIALS — (0.0%)
	Other Securities				1,101,355		0.0	%

TOTAL PREFERRED STOCKS					1,304,812		0.0	%

RIGHTS/WARRANTS — (0.0%)
CONSUMER DISCRETIONARY — (0.0%)
	Other Securities				—		0.0	%

ENERGY — (0.0%)
	Other Securities				234,134		0.0	%

HEALTH CARE — (0.0%)
	Other Securities				279,843		0.0	%

DIMENSIONAL U.S. SMALL CAP ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Securities			$	5,996		0.0	%

TOTAL RIGHTS/WARRANTS					519,973		0.0	%

TOTAL INVESTMENT SECURITIES — (94.6%)
	(Cost $3,726,102,209)				5,031,593,910

SECURITIES LENDING COLLATERAL — (5.4%)
@§	The DFA Short Term Investment Fund		24,704,378		285,713,544		5.7	%

TOTAL INVESTMENTS — (100.0%)
	(Cost $4,011,815,753)			$	5,317,307,454		105.6	%

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	$	134,842,062	$	—	$	—	$	134,842,062
Consumer Discretionary		731,418,928		—		—		731,418,928
Consumer Staples		222,840,830		—		—		222,840,830
Energy		321,364,447		—		—		321,364,447
Financials		958,834,759		—		—		958,834,759
Health Care		564,458,761		—		784,845		565,243,606
Industrials		1,046,108,833		—		—		1,046,108,833
Information Technology		537,653,385		—		—		537,653,385
Materials		323,014,023		—		—		323,014,023
Real Estate		29,637,265		—		—		29,637,265
Utilities		158,810,987		—		—		158,810,987
Preferred Stocks
Communication Services		203,457		—		—		203,457
Industrials		1,101,355		—		—		1,101,355
Rights/Warrants
Consumer Discretionary		—		—		—		—
Energy		—		234,134		—		234,134
Health Care		—		89,322		190,521		279,843
Industrials		5,996		—		—		5,996
Securities Lending Collateral		—		285,713,544		—		285,713,544

Total Investments	$	5,030,295,088	$	286,037,000	$	975,366	$	5,317,307,454

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.

DIMENSIONAL U.S. TARGETED VALUE ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (94.6%)
COMMUNICATION SERVICES — (2.7%)
	News Corp., Class A		1,696,719	$	29,879,222		0.4	%
	Nexstar Media Group, Inc.		157,694		27,352,024		0.4	%
	Other Securities				159,716,462		2.1	%

TOTAL COMMUNICATION SERVICES					216,947,708		2.9	%

CONSUMER DISCRETIONARY — (15.6%)
#*	AutoNation, Inc.		334,985		44,117,524		0.6	%
	BorgWarner, Inc.		1,084,830		52,212,868		0.7	%
#	Dillard’s, Inc., Class A		138,384		41,292,402		0.5	%
	Group 1 Automotive, Inc.		119,674		26,864,420		0.4	%
#	Lithia Motors, Inc.		122,519		27,063,222		0.4	%
*	Mohawk Industries, Inc.		260,055		27,539,825		0.4	%
#	Penske Automotive Group, Inc.		370,527		51,347,632		0.7	%
	PulteGroup, Inc.		860,345		57,772,167		0.8	%
*	Taylor Morrison Home Corp.		781,389		33,670,052		0.4	%
	Toll Brothers, Inc.		672,851		43,001,907		0.6	%
	Other Securities				842,549,914		11.0	%

TOTAL CONSUMER DISCRETIONARY					1,247,431,933		16.5	%

CONSUMER STAPLES — (4.7%)
*	Hostess Brands, Inc.		956,549		24,640,702		0.3	%
#*	Post Holdings, Inc.		311,934		28,226,908		0.4	%
	Other Securities				321,807,170		4.2	%

TOTAL CONSUMER STAPLES					374,674,780		4.9	%

ENERGY — (8.1%)
	HF Sinclair Corp.		808,542		35,664,788		0.5	%
	Murphy Oil Corp.		650,480		23,879,121		0.3	%
	PBF Energy, Inc., Class A		831,287		28,978,665		0.4	%
*	TechnipFMC PLC		2,491,809		34,112,865		0.5	%
#*	Transocean, Ltd.		4,434,479		26,163,426		0.4	%
	Other Securities				498,956,291		6.4	%

TOTAL ENERGY					647,755,156		8.5	%

FINANCIALS — (23.6%)
	American Equity Investment Life Holding Co.		653,151		25,172,440		0.3	%
	Assured Guaranty, Ltd.		529,742		28,537,202		0.4	%
	Axis Capital Holdings, Ltd.		469,696		26,556,612		0.4	%
#	Invesco, Ltd.		1,932,462		33,103,074		0.4	%
#	New York Community BanCorp, Inc.		3,420,613		36,566,353		0.5	%
	Old Republic International Corp.		1,328,006		33,558,712		0.4	%
#	Popular, Inc.		432,024		25,925,760		0.3	%
	Prosperity Bancshares, Inc.		414,416		25,950,730		0.3	%
	Unum Group		603,066		25,449,385		0.3	%
#	Voya Financial, Inc.		461,756		35,315,099		0.5	%
	Webster Financial Corp.		674,246		25,149,376		0.3	%
	Other Securities				1,570,922,657		20.9	%

TOTAL FINANCIALS					1,892,207,400		25.0	%

HEALTH CARE — (5.1%)
	Other Securities				410,876,173		5.4	%

INDUSTRIALS — (18.4%)
	AGCO Corp.		362,652		44,947,089		0.6	%
	Arcosa, Inc.		371,064		25,061,663		0.3	%

DIMENSIONAL U.S. TARGETED VALUE ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (Continued)
*	Builders FirstSource, Inc.		367,299	$	34,808,926		0.5	%
#	GATX Corp.		219,737		25,030,242		0.3	%
	Knight-Swift Transportation Holdings, Inc.		878,232		49,462,026		0.7	%
	Owens Corning		360,330		38,486,847		0.5	%
	Regal Rexnord Corp.		188,324		24,512,252		0.3	%
	Triton International, Ltd.		405,237		33,500,943		0.5	%
	UFP Industries, Inc.		338,558		26,583,574		0.4	%
	U-Haul Holding Co.		457,479		24,749,614		0.3	%
	WESCO International, Inc.		231,155		33,286,320		0.4	%
	Other Securities				1,110,664,366		14.6	%

TOTAL INDUSTRIALS					1,471,093,862		19.4	%

INFORMATION TECHNOLOGY — (7.7%)
*	Arrow Electronics, Inc.		461,747		52,837,709		0.7	%
	Avnet, Inc.		641,877		26,483,845		0.4	%
*	Insight Enterprises, Inc.		211,614		25,594,713		0.3	%
*	Sanmina Corp.		464,296		24,264,109		0.3	%
	TD SYNNEX Corp.		305,864		27,234,131		0.4	%
	Other Securities				463,765,321		6.1	%

TOTAL INFORMATION TECHNOLOGY					620,179,828		8.2	%

MATERIALS — (7.5%)
	Commercial Metals Co.		742,490		34,666,858		0.5	%
	Huntsman Corp.		1,101,924		29,520,544		0.4	%
	Olin Corp.		522,126		28,925,780		0.4	%
	Reliance Steel & Aluminum Co.		199,035		49,320,873		0.7	%
	Other Securities				456,014,075		5.9	%

TOTAL MATERIALS					598,448,130		7.9	%

REAL ESTATE — (0.8%)
	Other Securities				60,679,820		0.8	%

UTILITIES — (0.4%)
	Other Securities				32,054,478		0.4	%

TOTAL COMMON STOCKS					7,572,349,268		99.9	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Securities				285,808		0.0	%

INDUSTRIALS — (0.0%)
	Other Securities				1,785,517		0.0	%

TOTAL PREFERRED STOCKS					2,071,325		0.0	%

RIGHTS/WARRANTS — (0.0%)
CONSUMER DISCRETIONARY — (0.0%)
	Other Securities				—		0.0	%

HEALTH CARE — (0.0%)
	Other Securities				34,551		0.0	%

TOTAL RIGHTS/WARRANTS					34,551		0.0	%

TOTAL INVESTMENT SECURITIES — (94.6%)
	(Cost $5,886,781,487)				7,574,455,144

SECURITIES LENDING COLLATERAL — (5.4%)
@§	The DFA Short Term Investment Fund		37,327,920		431,708,590		5.7	%

TOTAL INVESTMENTS — (100.0%)
	(Cost $6,318,490,077)			$	8,006,163,734		105.6	%

DIMENSIONAL U.S. TARGETED VALUE 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	$	216,947,708	$	—	$	—	$	216,947,708
Consumer Discretionary		1,247,431,933		—		—		1,247,431,933
Consumer Staples		374,674,780		—		—		374,674,780
Energy		647,755,156		—		—		647,755,156
Financials		1,892,207,400		—		—		1,892,207,400
Health Care		409,740,799		—		1,135,374		410,876,173
Industrials		1,471,093,862		—		—		1,471,093,862
Information Technology		620,179,828		—		—		620,179,828
Materials		598,448,130		—		—		598,448,130
Real Estate		60,679,820		—		—		60,679,820
Utilities		32,054,478		—		—		32,054,478
Preferred Stocks
Communication Services		285,808		—		—		285,808
Industrials		1,785,517		—		—		1,785,517
Rights/Warrants
Consumer Discretionary		—		—		—		—
Health Care		—		7,365		27,186		34,551
Securities Lending Collateral		—		431,708,590		—		431,708,590

Total Investments	$	7,573,285,219	$	431,715,955	$	1,162,560	$	8,006,163,734

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.

DIMENSIONAL U.S. CORE EQUITY 2 ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)


		Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (97.3%)
COMMUNICATION SERVICES — (6.0%)
*	Alphabet, Inc., Class A		1,531,725	$	164,415,362		0.9	%
*	Alphabet, Inc., Class C		1,424,591		154,169,238		0.8	%
	Comcast Corp., Class A		2,254,079		93,251,248		0.5	%
*	Meta Platforms, Inc., Class A		987,503		237,316,721		1.3	%
	Verizon Communications, Inc.		2,444,708		94,928,012		0.5	%
	Other Securities				421,580,523		2.2	%

TOTAL COMMUNICATION SERVICES					1,165,661,104		6.2	%

CONSUMER DISCRETIONARY — (10.1%)
*	Amazon.com, Inc.		2,185,934		230,506,740		1.2	%
	Home Depot, Inc. (The)		335,817		100,926,441		0.6	%
	McDonald’s Corp.		173,408		51,285,416		0.3	%
	NIKE, Inc., Class B		513,982		65,131,799		0.4	%
	Other Securities				1,506,164,759		7.9	%

TOTAL CONSUMER DISCRETIONARY					1,954,015,155		10.4	%

CONSUMER STAPLES — (6.6%)
	Coca-Cola Co. (The)		1,229,618		78,879,995		0.4	%
	Costco Wholesale Corp.		156,170		78,587,867		0.4	%
	PepsiCo., Inc.		686,715		131,087,026		0.7	%
	Procter & Gamble Co. (The)		1,060,209		165,795,483		0.9	%
	Walmart, Inc.		569,406		85,963,224		0.5	%
	Other Securities				735,757,651		3.9	%

TOTAL CONSUMER STAPLES					1,276,071,246		6.8	%

ENERGY — (6.2%)
	Chevron Corp.		678,294		114,346,803		0.6	%
	ConocoPhillips		800,372		82,350,275		0.5	%
	Exxon Mobil Corp.		2,043,110		241,781,637		1.3	%
	Other Securities				750,952,640		3.9	%

TOTAL ENERGY					1,189,431,355		6.3	%

FINANCIALS — (15.2%)
	American Express Co.		422,884		68,228,105		0.4	%
	Bank of America Corp.		2,702,101		79,117,517		0.4	%
*	Berkshire Hathaway, Inc., Class B		566,923		186,262,552		1.0	%
	JPMorgan Chase & Co.		1,236,479		170,930,857		0.9	%
	Mastercard, Inc., Class A		377,859		143,597,756		0.8	%
	Morgan Stanley		670,900		60,360,873		0.3	%
#	Visa, Inc., Class A		684,592		159,325,096		0.9	%
	Wells Fargo & Co.		1,387,007		55,133,528		0.3	%
	Other Securities				2,007,005,840		10.6	%

TOTAL FINANCIALS					2,929,962,124		15.6	%

HEALTH CARE — (12.5%)
	AbbVie, Inc.		741,473		112,051,400		0.6	%
	Bristol-Myers Squibb Co.		876,171		58,501,938		0.3	%
	Elevance Health, Inc.		128,204		60,082,805		0.3	%
	Eli Lilly & Co.		323,903		128,220,242		0.7	%
	Johnson & Johnson		1,127,803		184,621,351		1.0	%
	Merck & Co., Inc.		1,143,090		131,992,602		0.7	%
	Pfizer, Inc.		2,522,324		98,093,180		0.5	%
	Thermo Fisher Scientific, Inc.		107,392		59,591,821		0.3	%
	UnitedHealth Group, Inc.		326,441		160,638,352		0.9	%

DIMENSIONAL U.S. CORE EQUITY 2 ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
	Other Securities			$	1,416,679,878		7.5	%

TOTAL HEALTH CARE					2,410,473,569		12.8	%

INDUSTRIALS — (13.7%)
	Caterpillar, Inc.		298,653		65,345,276		0.4	%
	Deere & Co.		150,677		56,958,920		0.3	%
	Raytheon Technologies Corp.		528,053		52,752,495		0.3	%
	Union Pacific Corp.		399,171		78,117,765		0.4	%
	United Parcel Service, Inc., Class B		362,145		65,117,292		0.4	%
	Other Securities				2,331,746,123		12.3	%

TOTAL INDUSTRIALS					2,650,037,871		14.1	%

INFORMATION TECHNOLOGY — (20.4%)
	Accenture PLC, Class A		228,784		64,125,867		0.4	%
	Apple, Inc.		5,929,326		1,006,088,036		5.4	%
	Broadcom, Inc.		206,854		129,594,031		0.7	%
	Cisco Systems, Inc.		1,632,798		77,149,705		0.4	%
	Intel Corp.		2,076,533		64,497,115		0.4	%
	International Business Machines Corp.		470,030		59,416,492		0.3	%
	Microsoft Corp.		2,824,111		867,736,346		4.6	%
	NVIDIA Corp.		302,566		83,959,039		0.5	%
	Oracle Corp.		568,526		53,850,783		0.3	%
	QUALCOMM, Inc.		588,781		68,769,621		0.4	%
	Texas Instruments, Inc.		403,906		67,533,083		0.4	%
	Other Securities				1,381,352,059		7.1	%

TOTAL INFORMATION TECHNOLOGY					3,924,072,177		20.9	%

MATERIALS — (4.4%)
	Other Securities				840,476,962		4.5	%

REAL ESTATE — (0.2%)
	Other Securities				45,549,675		0.2	%

UTILITIES — (2.0%)
	Other Securities				378,781,343		2.0	%

TOTAL COMMON STOCKS					18,764,532,581		99.8	%

PREFERRED STOCKS — (0.0%)
COMMUNICATION SERVICES — (0.0%)
	Other Securities				215,932		0.0	%

INDUSTRIALS — (0.0%)
	Other Securities				710,192		0.0	%

TOTAL PREFERRED STOCKS					926,124		0.0	%

RIGHTS/WARRANTS — (0.0%)
CONSUMER DISCRETIONARY — (0.0%)
	Other Securities				—		0.0	%

ENERGY — (0.0%)
	Other Securities				135,685		0.0	%

HEALTH CARE — (0.0%)
	Other Securities				280,213		0.0	%

DIMENSIONAL U.S. CORE EQUITY 2 ETF

CONTINUED


		Shares		Value†		Percentage of Net Assets‡
INDUSTRIALS — (0.0%)
	Other Securities			$	9,012		0.0	%

TOTAL RIGHTS/WARRANTS					424,910		0.0	%

TOTAL INVESTMENT SECURITIES — (97.3%)
	(Cost $11,527,283,000)				18,765,883,615

SECURITIES LENDING COLLATERAL — (2.7%)
@§	The DFA Short Term Investment Fund		44,837,320		518,557,054		2.8	%

TOTAL INVESTMENTS — (100.0%)
	(Cost $12,045,840,054)			$	19,284,440,669		102.6	%

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	$	1,165,661,104	$	—	$	—	$	1,165,661,104
Consumer Discretionary		1,954,015,155		—		—		1,954,015,155
Consumer Staples		1,276,071,246		—		—		1,276,071,246
Energy		1,189,431,355		—		—		1,189,431,355
Financials		2,929,962,124		—		—		2,929,962,124
Health Care		2,410,111,969		—		361,600		2,410,473,569
Industrials		2,650,037,871		—		—		2,650,037,871
Information Technology		3,924,072,177		—		—		3,924,072,177
Materials		840,476,962		—		—		840,476,962
Real Estate		45,549,675		—		—		45,549,675
Utilities		378,781,343		—		—		378,781,343
Preferred Stocks
Communication Services		215,932		—		—		215,932
Industrials		710,192		—		—		710,192
Rights/Warrants
Consumer Discretionary		—		—		—		—
Energy		—		135,685		—		135,685
Health Care		—		166,770		113,443		280,213
Industrials		4,107		4,905		—		9,012
Securities Lending Collateral		—		518,557,054		—		518,557,054

Total Investments	$	18,765,101,212	$	518,864,414	$	475,043	$	19,284,440,669

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.

DIMENSIONAL US MARKETWIDE VALUE ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)


	Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (99.6%)
COMMUNICATION SERVICES — (8.8%)
AT&T, Inc.		5,252,946	$	92,819,556		1.1	%
Comcast Corp., Class A		4,757,846		196,832,089		2.4	%
* Meta Platforms, Inc., Class A		387,927		93,226,617		1.1	%
* T-Mobile US, Inc.		424,287		61,054,899		0.7	%
Verizon Communications, Inc.		2,048,674		79,550,011		1.0	%
* Walt Disney Co. (The)		654,405		67,076,512		0.8	%
Other Securities				142,881,913		1.7	%

TOTAL COMMUNICATION SERVICES				733,441,597		8.8	%

CONSUMER DISCRETIONARY — (6.1%)
DR Horton, Inc.		299,128		32,850,237		0.4	%
Ford Motor Co.		2,876,909		34,177,679		0.4	%
General Motors Co.		1,171,746		38,714,488		0.5	%
Other Securities				405,233,039		4.8	%

TOTAL CONSUMER DISCRETIONARY				510,975,443		6.1	%

CONSUMER STAPLES — (5.6%)
Archer-Daniels-Midland Co.		562,688		43,934,679		0.5	%
Mondelez International, Inc., Class A		1,875,763		143,908,537		1.7	%
Walmart, Inc.		401,813		60,661,709		0.8	%
Other Securities				223,851,391		2.7	%

TOTAL CONSUMER STAPLES				472,356,316		5.7	%

ENERGY — (14.1%)
Chevron Corp.		1,354,307		228,309,074		2.7	%
# ConocoPhillips		1,207,914		124,282,271		1.5	%
EOG Resources, Inc.		305,516		36,499,997		0.5	%
Exxon Mobil Corp.		2,969,915		351,459,741		4.2	%
Marathon Petroleum Corp.		593,471		72,403,462		0.9	%
Phillips 66		581,485		57,567,015		0.7	%
Valero Energy Corp.		483,424		55,434,230		0.7	%
Other Securities				249,852,141		2.9	%

TOTAL ENERGY				1,175,807,931		14.1	%

FINANCIALS — (21.4%)
Bank of America Corp.		5,286,329		154,783,713		1.9	%
* Berkshire Hathaway, Inc., Class B		575,690		189,142,950		2.3	%
Chubb, Ltd.		179,606		36,201,385		0.4	%
Citigroup, Inc.		1,296,486		61,025,596		0.7	%
Goldman Sachs Group, Inc. (The)		207,922		71,408,732		0.9	%
JPMorgan Chase & Co.		1,996,733		276,028,370		3.3	%
Morgan Stanley		1,179,345		106,105,670		1.3	%
Wells Fargo & Co.		1,749,698		69,550,496		0.8	%
Other Securities				829,697,363		9.9	%

TOTAL FINANCIALS				1,793,944,275		21.5	%

HEALTH CARE — (15.5%)
* Biogen, Inc.		109,274		33,244,429		0.4	%
Bristol-Myers Squibb Co.		721,687		48,187,041		0.6	%
Cigna Group (The)		291,351		73,796,295		0.9	%
CVS Health Corp.		1,315,863		96,465,917		1.2	%
Danaher Corp.		377,380		89,405,096		1.1	%
Elevance Health, Inc.		349,819		163,942,674		2.0	%
Humana, Inc.		82,699		43,870,993		0.5	%
Medtronic PLC		821,106		74,679,591		0.9	%

DIMENSIONAL US MARKETWIDE VALUE ETF

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
HEALTH CARE — (Continued)
Pfizer, Inc.		4,142,659	$	161,108,008		1.9	%
* Regeneron Pharmaceuticals, Inc.		50,036		40,118,364		0.5	%
Thermo Fisher Scientific, Inc.		255,199		141,609,925		1.7	%
Other Securities				328,698,152		3.8	%

TOTAL HEALTH CARE				1,295,126,485		15.5	%

INDUSTRIALS — (13.9%)
CSX Corp.		1,480,310		45,356,698		0.6	%
Eaton Corp PLC		255,956		42,775,367		0.5	%
FedEx Corp.		166,016		37,815,124		0.5	%
General Electric Co.		409,175		40,496,050		0.5	%
Norfolk Southern Corp.		464,754		94,359,005		1.1	%
Raytheon Technologies Corp.		435,246		43,481,075		0.5	%
Republic Services, Inc.		268,179		38,784,047		0.5	%
Other Securities				821,894,265		9.7	%

TOTAL INDUSTRIALS				1,164,961,631		13.9	%

INFORMATION TECHNOLOGY — (7.5%)
Analog Devices, Inc.		222,135		39,957,644		0.5	%
Intel Corp.		3,112,499		96,674,219		1.2	%
Micron Technology, Inc.		944,166		60,766,524		0.7	%
* Salesforce, Inc.		207,045		41,071,517		0.5	%
Other Securities				389,549,805		4.6	%

TOTAL INFORMATION TECHNOLOGY				628,019,709		7.5	%

MATERIALS — (6.2%)
Linde PLC		176,015		65,028,742		0.8	%
Other Securities				451,756,516		5.4	%

TOTAL MATERIALS				516,785,258		6.2	%

REAL ESTATE — (0.3%)
Other Securities				26,334,455		0.3	%

UTILITIES — (0.2%)
Other Securities				13,507,606		0.2	%

TOTAL COMMON STOCKS				8,331,260,706		99.8	%

PREFERRED STOCK — (0.0%)
INDUSTRIALS — (0.0%)
Other Securities				307,741		0.0	%

TOTAL PREFERRED STOCK				307,741		0.0	%

RIGHT/WARRANT — (0.0%)
CONSUMER DISCRETIONARY — (0.0%)
Other Securities				—		0.0	%

TOTAL RIGHT/WARRANT				—		0.0	%

TOTAL INVESTMENT SECURITIES — (99.6%)
(Cost $5,097,856,419)				8,331,568,447

SECURITIES LENDING COLLATERAL — (0.4%)
@§ The DFA Short Term Investment Fund		2,902,773		33,571,438		0.4	%

TOTAL INVESTMENTS — (100.0%)
(Cost $5,131,427,857)			$	8,365,139,885		100.2	%

DIMENSIONAL US MARKETWIDE VALUE 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	$	733,441,597	$	—	$	—	$	733,441,597
Consumer Discretionary		510,975,443		—		—		510,975,443
Consumer Staples		472,356,316		—		—		472,356,316
Energy		1,175,807,931		—		—		1,175,807,931
Financials		1,793,944,275		—		—		1,793,944,275
Health Care		1,295,126,485		—		—		1,295,126,485
Industrials		1,164,961,631		—		—		1,164,961,631
Information Technology		628,019,709		—		—		628,019,709
Materials		516,785,258		—		—		516,785,258
Real Estate		26,334,455		—		—		26,334,455
Utilities		13,507,606		—		—		13,507,606
Preferred Stock
Industrials		307,741		—		—		307,741
Right/Warrant
Consumer Discretionary		—		—		—		—
Securities Lending Collateral		—		33,571,438		—		33,571,438

Total Investments	$	8,331,568,447	$	33,571,438	$	—	$	8,365,139,885

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.

DIMENSIONAL INTERNATIONAL VALUE ETF

SUMMARY SCHEDULE OF INVESTMENTS

April 30, 2023

(Unaudited)


	Shares		Value†		Percentage of Net Assets‡
COMMON STOCKS — (97.2%)
AUSTRALIA — (6.7%)
ANZ Group Holdings, Ltd.		2,799,240	$	45,044,603		0.9	%
National Australia Bank, Ltd.		2,347,099		44,733,238		0.8	%
Westpac Banking Corp.		2,486,186		36,918,186		0.7	%
Woodside Energy Group, Ltd.		1,552,432		34,553,205		0.7	%
Other Securities				198,209,673		3.6	%

TOTAL AUSTRALIA				359,458,905		6.7	%

AUSTRIA — (0.1%)
Other Securities				6,819,456		0.1	%

BELGIUM — (0.7%)
Other Securities				40,042,902		0.7	%

CANADA — (9.4%)
Bank of Montreal		486,141		43,845,057		0.8	%
# Bank of Nova Scotia (The)		916,195		45,727,292		0.9	%
# Nutrien, Ltd.		475,006		32,965,416		0.6	%
Suncor Energy, Inc.		984,204		30,825,269		0.6	%
Teck Resources, Ltd., Class B		789,080		36,771,128		0.7	%
Other Securities				316,413,046		5.9	%

TOTAL CANADA				506,547,208		9.5	%

CHINA — (0.0%)
Other Securities				316,717		0.0	%

DENMARK — (2.3%)
Carlsberg A/S, Class B		151,869		25,137,915		0.5	%
DSV A/S		159,400		29,996,845		0.6	%
Other Securities				66,497,446		1.2	%

TOTAL DENMARK				121,632,206		2.3	%

FINLAND — (1.0%)
Nordea Bank Abp		2,192,357		24,324,561		0.5	%
Other Securities				27,584,462		0.5	%

TOTAL FINLAND				51,909,023		1.0	%

FRANCE — (11.3%)
AXA SA		1,088,983		35,550,041		0.7	%
BNP Paribas SA		663,387		42,909,963		0.8	%
Carrefour SA		1,163,284		24,221,171		0.5	%
Cie de Saint-Gobain		844,917		48,896,610		0.9	%
* Cie Generale des Etablissements Michelin SCA		1,182,196		37,627,192		0.7	%
Engie SA		1,596,294		25,581,589		0.5	%
Orange SA		3,196,088		41,692,400		0.8	%
Sanofi		393,963		43,493,376		0.8	%
TotalEnergies SE		2,754,521		176,194,465		3.3	%
Other Securities				131,913,780		2.4	%

TOTAL FRANCE				608,080,587		11.4	%

GERMANY — (6.8%)
BASF SE		782,636		40,479,683		0.8	%
Bayer AG, Registered		882,519		58,224,040		1.1	%
Bayerische Motoren Werke AG		341,029		38,191,634		0.7	%
Mercedes-Benz Group AG		995,494		77,568,963		1.4	%
Other Securities				150,842,561		2.8	%

TOTAL GERMANY				365,306,881		6.8	%

DIMENSIONAL INTERNATIONAL VALUE ETF

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
HONG KONG — (2.0%)
Other Securities			$	105,604,363		2.0	%

IRELAND — (0.6%)
Other Securities				31,577,699		0.6	%

ISRAEL — (0.6%)
Other Securities				32,091,254		0.6	%

ITALY — (2.2%)
UniCredit SpA		1,606,696		31,821,734		0.6	%
Other Securities				89,403,567		1.7	%

TOTAL ITALY				121,225,301		2.3	%

JAPAN — (19.1%)
Honda Motor Co., Ltd.		1,020,688		26,895,520		0.5	%
Mitsubishi Corp.		1,039,300		38,300,646		0.7	%
Mitsubishi UFJ Financial Group, Inc.		4,838,934		30,309,748		0.6	%
Takeda Pharmaceutical Co., Ltd.		1,034,694		34,285,898		0.7	%
Toyota Motor Corp.		3,276,640		44,686,377		0.8	%
Other Securities				856,192,701		16.0	%

TOTAL JAPAN				1,030,670,890		19.3	%

NETHERLANDS — (3.5%)
Koninklijke Ahold Delhaize NV		1,603,136		55,254,919		1.0	%
Other Securities				134,567,167		2.6	%

TOTAL NETHERLANDS				189,822,086		3.6	%

NEW ZEALAND — (0.2%)
Other Securities				12,012,858		0.2	%

NORWAY — (0.8%)
Other Securities				43,366,995		0.8	%

PORTUGAL — (0.1%)
Other Securities				6,554,255		0.1	%

SINGAPORE — (1.1%)
Other Securities				59,653,923		1.1	%

SPAIN — (2.3%)
Banco Santander SA		10,697,841		37,633,772		0.7	%
Other Securities				86,595,180		1.6	%

TOTAL SPAIN				124,228,952		2.3	%

SWEDEN — (2.7%)
Other Securities				147,721,659		2.8	%

SWITZERLAND — (9.9%)
Cie Financiere Richemont SA, Registered		347,122		57,310,913		1.1	%
Holcim AG		529,363		34,983,576		0.7	%
Novartis AG, Registered		354,588		36,305,381		0.7	%
Novartis AG, Sponsored ADR		1,042,145		106,892,813		2.0	%
Swiss Re AG		247,162		24,914,752		0.5	%
Swisscom AG, Registered		43,319		29,834,894		0.6	%
UBS Group AG		1,585,681		32,183,953		0.6	%
Zurich Insurance Group AG		155,064		75,227,948		1.4	%
Other Securities				139,312,591		2.4	%

TOTAL SWITZERLAND				536,966,821		10.0	%

UNITED KINGDOM — (13.8%)
Barclays PLC, Sponsored ADR		3,170,602		25,586,758		0.5	%
BP PLC, Sponsored ADR		1,016,907		40,961,014		0.8	%
British American Tobacco PLC		1,455,867		53,560,447		1.0	%
Glencore PLC		6,590,082		38,847,532		0.7	%
# HSBC Holdings PLC, Sponsored ADR		1,844,994		66,512,034		1.2	%

DIMENSIONAL INTERNATIONAL VALUE ETF

CONTINUED


	Shares		Value†		Percentage of Net Assets‡
UNITED KINGDOM — (Continued)
Lloyds Banking Group PLC		59,838,210	$	36,251,451		0.7	%
Shell PLC, ADR		3,575,546		221,612,341		4.1	%
Vodafone Group PLC		25,416,642		30,636,316		0.6	%
Other Securities				233,797,703		4.4	%

TOTAL UNITED KINGDOM				747,765,596		14.0	%

TOTAL COMMON STOCKS				5,249,376,537		98.2	%

PREFERRED STOCKS — (0.8%)
GERMANY — (0.8%)
Volkswagen AG		230,319		31,448,282		0.6	%
Other Securities				10,470,321		0.2	%

TOTAL GERMANY				41,918,603		0.8	%

TOTAL PREFERRED STOCKS				41,918,603		0.8	%

TOTAL INVESTMENT SECURITIES — (98.0%)
(Cost $4,619,502,135)				5,291,295,140

SECURITIES LENDING COLLATERAL — (2.0%)
@§ The DFA Short Term Investment Fund		9,535,700		110,283,229		2.1	%

TOTAL INVESTMENTS — (100.0%)
(Cost $4,729,785,364)			$	5,401,578,369		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	$	353,672,780	$	5,786,125	$	—	$	359,458,905
Austria		6,819,456		—		—		6,819,456
Belgium		40,042,902		—		—		40,042,902
Canada		506,547,208		—		—		506,547,208
China		316,717		—		—		316,717
Denmark		121,632,206		—		—		121,632,206
Finland		51,909,023		—		—		51,909,023
France		608,080,587		—		—		608,080,587
Germany		365,306,881		—		—		365,306,881
Hong Kong		105,604,363		—		—		105,604,363
Ireland		31,577,699		—		—		31,577,699
Israel		32,091,254		—		—		32,091,254
Italy		121,225,301		—		—		121,225,301
Japan		1,030,670,890		—		—		1,030,670,890
Netherlands		189,822,086		—		—		189,822,086
New Zealand		12,012,858		—		—		12,012,858
Norway		43,366,995		—		—		43,366,995
Portugal		6,554,255		—		—		6,554,255
Singapore		59,653,923		—		—		59,653,923
Spain		124,228,952		—		—		124,228,952
Sweden		147,721,659		—		—		147,721,659
Switzerland		536,966,821		—		—		536,966,821
United Kingdom		747,765,596		—		—		747,765,596
Preferred Stocks
Germany		41,918,603		—		—		41,918,603