Dimensional just converted $30 billion worth of mutual funds to ETFs. What it could mean for the industry

  • Dimensional Funds on Monday launched four of its mutual funds as ETFs on the New York Stock Exchange, the largest conversion of its kind to date.
  • The move instantly placed Dimensional among the top 15 largest ETF issuers in the United States.
  • The $630 billion firm plans to convert two more mutual funds into ETFs in the fall.

Continue reading at CNBC right here: https://www.cnbc.com/2021/06/15/dimensional-converts-4-key-mutual-funds-to-etfs-co-ceo-unpacks-move.html