Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 12-Month High – What’s Next?

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) hit a new 52-week high during trading on Thursday . The company traded as high as $43.41 and last traded at $43.41, with a volume of 48440 shares trading hands. The stock had previously closed at $43.22.

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

The firm’s 50 day moving average price is $40.63 and its two-hundred day moving average price is $40.19. The company has a market capitalization of $45.64 billion, a price-to-earnings 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 have recently made changes to their positions in DFAC. Greenspring Advisors LLC raised its stake in Dimensional U.S. Core Equity 2 ETF by 74.3% in the 4th quarter. Greenspring Advisors LLC now owns 13,253,011 shares of the company’s stock valued at $524,687,000 after acquiring an additional 5,647,549 shares during the period. Focus Partners Advisor Solutions LLC boosted its position in Dimensional U.S. Core Equity 2 ETF by 42.8% during the fourth 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 increased its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 8.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock valued at $2,361,716,000 after purchasing an additional 4,669,622 shares during the last quarter. Burton Enright Welch acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at $145,627,000. Finally, Financial Plan Inc. bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $132,114,000.

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.