Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Hits New 12-Month High – Should You Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $39.51 and last traded at $38.87, with a volume of 110 shares trading hands. The stock had previously closed at $38.74.

Dimensional U.S. Core Equity 2 ETF Stock Performance

The stock has a market cap of $38.57 billion, a price-to-earnings ratio of 20.75 and a beta of 0.96. The business’s 50 day moving average is $37.71 and its 200 day moving average is $35.24.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. City State Bank grew its stake in Dimensional U.S. Core Equity 2 ETF by 48.3% during the 1st quarter. City State Bank now owns 74,631 shares of the company’s stock valued at $2,462,000 after acquiring an additional 24,303 shares in the last quarter. Strategent Financial LLC grew its position in Dimensional U.S. Core Equity 2 ETF by 2.4% during the first quarter. Strategent Financial LLC now owns 67,826 shares of the company’s stock valued at $2,238,000 after purchasing an additional 1,570 shares in the last quarter. Rockwood Wealth Management LLC increased its stake in Dimensional U.S. Core Equity 2 ETF by 4.6% in the 1st quarter. Rockwood Wealth Management LLC now owns 10,165,107 shares of the company’s stock valued at $335,347,000 after buying an additional 446,720 shares during the period. Park Avenue Securities LLC lifted its position in Dimensional U.S. Core Equity 2 ETF by 10.3% in the 1st quarter. Park Avenue Securities LLC now owns 2,814,004 shares of the company’s stock worth $92,834,000 after buying an additional 263,582 shares in the last quarter. Finally, Capital Investment Advisors LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter valued at $363,000.

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.