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

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s stock price reached a new 52-week high on Monday . The stock traded as high as $41.45 and last traded at $41.4460, with a volume of 311002 shares. The stock had previously closed at $41.29.

Dimensional U.S. Core Equity 2 ETF Price Performance

The stock’s 50-day moving average price is $40.19 and its 200-day moving average price is $38.85. The company has a market cap of $42.30 billion, a P/E ratio of 20.75 and a beta of 1.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV increased its holdings 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 in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 54,829,103 shares of the company’s stock valued at $1,965,075,000 after buying an additional 2,622,796 shares during the period. Focus Partners Wealth raised its holdings in Dimensional U.S. Core Equity 2 ETF by 3.8% in the 3rd quarter. Focus Partners Wealth now owns 42,523,921 shares of the company’s stock valued at $1,640,206,000 after buying an additional 1,553,996 shares during the last quarter. Forum Financial Management LP raised its holdings in Dimensional U.S. Core Equity 2 ETF by 2.6% in the 4th quarter. Forum Financial Management LP now owns 41,068,700 shares of the company’s stock valued at $1,625,910,000 after buying an additional 1,029,990 shares during the last quarter. Finally, Apella Capital LLC boosted its position in Dimensional U.S. Core Equity 2 ETF by 2.9% during the 4th quarter. Apella Capital LLC now owns 13,914,954 shares of the company’s stock worth $550,893,000 after buying an additional 394,315 shares during the period.

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.