Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 1-Year High – What’s Next?
by Teresa Graham · The Cerbat GemDimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $46.19 and last traded at $46.15, with a volume of 40368 shares changing hands. The stock had previously closed at $45.96.
Dimensional U.S. Core Equity 2 ETF Price Performance
The company has a fifty day moving average price of $44.39 and a 200 day moving average price of $42.34. The stock has a market cap of $49.63 billion, a P/E ratio of 20.75 and a beta of 0.98.
Institutional Trading of Dimensional U.S. Core Equity 2 ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of DFAC. Mercer Global Advisors Inc. ADV grew its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 5.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock valued at $2,547,944,000 after buying an additional 3,126,277 shares during the last quarter. Focus Partners Wealth raised its holdings 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 worth $1,690,687,000 after acquiring an additional 180,988 shares during the last quarter. Forum Financial Management LP lifted its position in 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 valued at $1,644,891,000 after acquiring an additional 1,259,943 shares in the last quarter. LPL Financial LLC lifted its position in 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 valued at $702,419,000 after acquiring an additional 242,867 shares in the last quarter. Finally, Apella Capital LLC boosted its stake in 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 valued at $713,380,000 after purchasing an additional 386,133 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.