Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sets New 12-Month High – Here’s Why

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) hit a new 52-week high during trading on Monday . The company traded as high as $44.81 and last traded at $44.79, with a volume of 51549 shares traded. The stock had previously closed at $44.49.

Dimensional U.S. Core Equity 2 ETF Trading Up 1.1%

The firm’s fifty day simple moving average is $44.12 and its two-hundred day simple moving average is $42.05. The company has a market capitalization of $48.42 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

Several institutional investors have recently made changes to their positions in DFAC. Turning Point Benefit Group Inc. acquired a new stake in Dimensional U.S. Core Equity 2 ETF during the third quarter worth $31,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 4th quarter valued at $32,000. Longview Financial Advisors Inc. acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 1st quarter valued at $34,000. Quattro Advisors LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 4th quarter valued at $34,000. Finally, 1620 Investment Advisors Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 4th quarter worth $41,000.

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.