Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Hits New 12-Month High – Time to Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares reached a new 52-week high during trading on Monday . The company traded as high as $40.25 and last traded at $40.2250, with a volume of 1048644 shares trading hands. The stock had previously closed at $39.79.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.9%

The stock has a 50 day moving average of $39.26 and a 200-day moving average of $38.04. The stock has a market capitalization of $40.70 billion, a P/E ratio of 20.75 and a beta of 1.00.

Institutional Trading of Dimensional U.S. Core Equity 2 ETF

Large investors have recently made changes to their positions in the stock. Greenspring Advisors LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF during the 3rd quarter valued at about $293,343,000. Mercer Global Advisors Inc. ADV increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 8.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 61,231,926 shares of the company’s stock worth $2,361,716,000 after acquiring an additional 4,669,622 shares during the period. Vestmark Advisory Solutions Inc. increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 108.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 8,809,842 shares of the company’s stock worth $315,745,000 after acquiring an additional 4,593,492 shares during the period. HFM Investment Advisors LLC bought a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the first quarter valued at approximately $89,633,000. Finally, Envestnet Asset Management Inc. boosted its holdings 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 purchasing an additional 2,622,796 shares during the period.

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.