Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 1-Year High – Time to Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $44.73 and last traded at $44.68, with a volume of 274251 shares traded. The stock had previously closed at $44.60.

Dimensional U.S. Core Equity 2 ETF Stock Down 0.1%

The stock’s 50-day moving average price is $43.86 and its 200 day moving average price is $41.70. The firm has a market cap of $47.81 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98.

Institutional Trading of Dimensional U.S. Core Equity 2 ETF

Several institutional investors have recently modified their holdings of DFAC. Mercer Global Advisors Inc. ADV raised its position in Dimensional U.S. Core Equity 2 ETF by 5.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock worth $2,547,944,000 after purchasing an additional 3,126,277 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Dimensional U.S. Core Equity 2 ETF by 0.4% in the 4th quarter. Focus Partners Wealth now owns 42,704,909 shares of the company’s stock valued at $1,690,687,000 after purchasing an additional 180,988 shares during the period. Forum Financial Management LP raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 3.1% in the 1st quarter. Forum Financial Management LP now owns 42,328,643 shares of the company’s stock worth $1,644,891,000 after buying an additional 1,259,943 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 17,742,346 shares of the company’s stock worth $702,419,000 after buying an additional 242,867 shares in the last quarter. Finally, Apella Capital LLC lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 2.5% during the 2nd quarter. Apella Capital LLC now owns 16,110,656 shares of the company’s stock worth $713,380,000 after buying an additional 386,133 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.