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

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $44.06 and last traded at $43.94, with a volume of 1758250 shares trading hands. The stock had previously closed at $43.92.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.0%

The stock has a market capitalization of $46.08 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. The stock’s 50-day simple moving average is $41.32 and its 200 day simple moving average is $40.50.

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

A number of large investors have recently modified their holdings of the stock. WNY Asset Management LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the first quarter worth approximately $61,783,000. Segall Bryant & Hamill LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the first quarter worth approximately $437,000. BankChampaign National Association acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the first quarter worth approximately $435,000. GTS Financial LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the first quarter worth approximately $404,000. Finally, Ariadne Wealth Management LP lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 4.6% during the first quarter. Ariadne Wealth Management LP now owns 141,164 shares of the company’s stock worth $5,486,000 after purchasing an additional 6,162 shares in the last quarter.

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.