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

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $44.67 and last traded at $44.61, with a volume of 163454 shares changing hands. The stock had previously closed at $44.01.

Dimensional U.S. Core Equity 2 ETF Stock Performance

The firm has a market capitalization of $46.86 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98. The company has a 50 day moving average price of $42.54 and a two-hundred day moving average price of $40.95.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. E Wealth Partners LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 23.8% in the first quarter. E Wealth Partners LLC now owns 78,999 shares of the company’s stock valued at $3,070,000 after purchasing an additional 15,182 shares during the period. Robinswood Financial LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth about $467,000. Foguth Wealth Management LLC. purchased a new position in Dimensional U.S. Core Equity 2 ETF in the 1st quarter valued at about $314,000. Keel Point LLC boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 20.5% in the 1st quarter. Keel Point LLC now owns 25,513 shares of the company’s stock worth $991,000 after buying an additional 4,334 shares during the last quarter. Finally, Asset Dedication LLC boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 2.5% in the 1st quarter. Asset Dedication LLC now owns 4,457,997 shares of the company’s stock worth $173,238,000 after buying an additional 107,225 shares during 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.