Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sets New 52-Week High – Time to Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $46.19 and last traded at $46.15, with a volume of 40368 shares trading hands. The stock had previously closed at $45.96.

Dimensional U.S. Core Equity 2 ETF Stock Performance

The company has a market capitalization of $49.63 billion, a P/E ratio of 20.75 and a beta of 0.98. The stock has a 50 day moving average price of $44.39 and a 200 day moving average price of $42.34.

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

A number of large investors have recently added to or reduced their stakes in the stock. Greenspring Advisors LLC grew its stake in shares of Dimensional U.S. Core Equity 2 ETF by 74.3% during the 4th quarter. Greenspring Advisors LLC now owns 13,253,011 shares of the company’s stock worth $524,687,000 after acquiring an additional 5,647,549 shares during the period. Focus Partners Advisor Solutions LLC raised its stake in Dimensional U.S. Core Equity 2 ETF by 42.8% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock valued at $631,030,000 after acquiring an additional 4,775,954 shares during the period. Evanson Financial LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter valued at about $176,483,000. Burton Enright Welch bought a new stake in Dimensional U.S. Core Equity 2 ETF in the 4th quarter valued at about $145,627,000. Finally, Financial Plan Inc. purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the fourth quarter valued at about $132,114,000.

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.