Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 12-Month High – Here’s What Happened

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares hit a new 52-week high on Monday . The company traded as high as $41.45 and last traded at $41.4460, with a volume of 311002 shares traded. The stock had previously closed at $41.29.

Dimensional U.S. Core Equity 2 ETF Price Performance

The company has a market cap of $42.30 billion, a PE ratio of 20.75 and a beta of 1.00. The firm has a 50-day simple moving average of $40.19 and a two-hundred day simple moving average of $38.85.

Hedge Funds Weigh In On Dimensional U.S. Core Equity 2 ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Greenspring Advisors LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter valued at about $293,343,000. Mercer Global Advisors Inc. ADV increased its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 8.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock valued at $2,361,716,000 after purchasing an additional 4,669,622 shares during the period. Vestmark Advisory Solutions Inc. raised its holdings in Dimensional U.S. Core Equity 2 ETF by 108.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 8,809,842 shares of the company’s stock worth $315,745,000 after purchasing an additional 4,593,492 shares in the last quarter. Financial Plan Inc. bought a new position in Dimensional U.S. Core Equity 2 ETF during the fourth quarter valued at about $132,114,000. Finally, Envestnet Asset Management Inc. raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock worth $1,965,075,000 after purchasing an additional 2,622,796 shares during the period.

Dimensional U.S. Core Equity 2 ETF Company Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.