Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 52-Week High – Still a Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $42.76 and last traded at $42.69, with a volume of 1570348 shares changing hands. The stock had previously closed at $42.26.

Dimensional U.S. Core Equity 2 ETF Price Performance

The business has a 50-day moving average of $40.38 and a 200-day moving average of $39.99. The company has a market capitalization of $44.76 billion, a P/E ratio of 20.75 and a beta of 0.98.

Institutional Investors Weigh In On Dimensional U.S. Core Equity 2 ETF

Several institutional investors have recently made changes to their positions in the company. Greenspring Advisors LLC boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 74.3% during the 4th quarter. Greenspring Advisors LLC now owns 13,253,011 shares of the company’s stock worth $524,687,000 after purchasing an additional 5,647,549 shares during the period. Focus Partners Advisor Solutions LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 42.8% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock worth $631,030,000 after purchasing an additional 4,775,954 shares during the period. Mercer Global Advisors Inc. ADV raised its position in Dimensional U.S. Core Equity 2 ETF by 8.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock worth $2,361,716,000 after purchasing an additional 4,669,622 shares during the period. Burton Enright Welch bought a new stake in Dimensional U.S. Core Equity 2 ETF in the fourth quarter worth about $145,627,000. Finally, Financial Plan Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the fourth quarter valued at approximately $132,114,000.

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.