Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 12-Month High – Still a Buy?

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) hit a new 52-week high during trading on Monday . The company traded as high as $41.07 and last traded at $40.9560, with a volume of 1860394 shares trading hands. The stock had previously closed at $40.68.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.7%

The stock has a market capitalization of $41.83 billion, a P/E ratio of 20.75 and a beta of 1.00. The business’s 50 day simple moving average is $40.02 and its two-hundred day simple moving average is $38.70.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Traub Capital Management LLC bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the second quarter valued at approximately $25,000. Trust Co. of Vermont purchased a new stake in Dimensional U.S. Core Equity 2 ETF in the 3rd quarter valued at $29,000. BankPlus Trust Department bought a new position in Dimensional U.S. Core Equity 2 ETF during the 2nd quarter valued at $30,000. Turning Point Benefit Group Inc. purchased a new position in Dimensional U.S. Core Equity 2 ETF during the 3rd quarter worth $31,000. Finally, Ancora Advisors LLC grew its stake in shares of Dimensional U.S. Core Equity 2 ETF by 30.7% in the 3rd quarter. Ancora Advisors LLC now owns 1,401 shares of the company’s stock worth $54,000 after acquiring an additional 329 shares in the last quarter.

About Dimensional U.S. Core Equity 2 ETF

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.