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

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) hit a new 52-week high on Monday . The stock traded as high as $44.67 and last traded at $44.61, with a volume of 163454 shares changing hands. The stock had previously closed at $44.01.

Dimensional U.S. Core Equity 2 ETF Stock Up 1.5%

The company’s 50-day moving average is $42.54 and its 200-day moving average is $40.95. The stock has a market capitalization of $46.86 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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Greenspring Advisors LLC lifted its holdings in Dimensional U.S. Core Equity 2 ETF by 74.3% in the fourth 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 last quarter. Focus Partners Advisor Solutions LLC raised its position in Dimensional U.S. Core Equity 2 ETF by 42.8% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock valued at $631,030,000 after purchasing an additional 4,775,954 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of 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 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 4th quarter valued at $145,627,000. Finally, Financial Plan Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the 4th quarter worth $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.