Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Hits New 52-Week High – Here’s Why

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares reached a new 52-week high on Tuesday . The stock traded as high as $40.95 and last traded at $40.8850, with a volume of 616195 shares changing hands. The stock had previously closed at $40.80.

Dimensional U.S. Core Equity 2 ETF Price Performance

The stock has a market capitalization of $41.70 billion, a PE ratio of 20.75 and a beta of 1.00. The stock’s 50 day simple moving average is $39.78 and its two-hundred day simple moving average is $38.57.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DFAC. Kestra Private Wealth Services LLC raised its stake in Dimensional U.S. Core Equity 2 ETF by 0.6% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 49,741 shares of the company’s stock valued at $1,918,000 after acquiring an additional 281 shares during the period. Guardian Asset Advisors LLC increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 4.1% in the third quarter. Guardian Asset Advisors LLC now owns 7,435 shares of the company’s stock worth $287,000 after purchasing an additional 292 shares in the last quarter. Wealthcare Capital Partners LLC raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 3.8% in the second quarter. Wealthcare Capital Partners LLC now owns 8,131 shares of the company’s stock valued at $291,000 after purchasing an additional 295 shares during the period. Capital Investment Advisors LLC raised its position in shares of Dimensional U.S. Core Equity 2 ETF by 2.7% in the second quarter. Capital Investment Advisors LLC now owns 11,304 shares of the company’s stock valued at $405,000 after purchasing an additional 301 shares during the period. Finally, Legacy Wealth Management Inc lifted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.1% during the 4th quarter. Legacy Wealth Management Inc now owns 6,256 shares of the company’s stock valued at $248,000 after buying an additional 305 shares in the last quarter.

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.