Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sees Significant Drop in Short Interest

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 341,407 shares, a decrease of 46.6% from the June 15th total of 639,152 shares. Based on an average daily trading volume, of 2,169,739 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV boosted its position in Dimensional U.S. Core Equity 2 ETF by 5.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock worth $2,547,944,000 after purchasing an additional 3,126,277 shares during the last quarter. Focus Partners Wealth grew its stake in Dimensional U.S. Core Equity 2 ETF by 0.4% in the 4th quarter. Focus Partners Wealth now owns 42,704,909 shares of the company’s stock valued at $1,690,687,000 after buying an additional 180,988 shares in the last quarter. Forum Financial Management LP lifted its holdings in Dimensional U.S. Core Equity 2 ETF by 3.1% during the 1st quarter. Forum Financial Management LP now owns 42,328,643 shares of the company’s stock worth $1,644,891,000 after purchasing an additional 1,259,943 shares in the last quarter. LPL Financial LLC grew its stake in Dimensional U.S. Core Equity 2 ETF by 1.4% during the fourth quarter. LPL Financial LLC now owns 17,742,346 shares of the company’s stock valued at $702,419,000 after acquiring an additional 242,867 shares in the last quarter. Finally, Apella Capital LLC increased its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 2.5% in the second quarter. Apella Capital LLC now owns 16,110,656 shares of the company’s stock worth $713,380,000 after purchasing an additional 386,133 shares during the period.

Dimensional U.S. Core Equity 2 ETF Stock Down 0.2%

DFAC traded down $0.07 during trading on Wednesday, hitting $44.40. 572,243 shares of the company’s stock were exchanged, compared to its average volume of 2,653,416. Dimensional U.S. Core Equity 2 ETF has a fifty-two week low of $35.83 and a fifty-two week high of $44.71. The stock has a market cap of $47.66 billion, a P/E ratio of 20.75 and a beta of 0.98. The business’s 50 day moving average is $43.83 and its two-hundred day moving average is $41.67.

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.