Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 12-Month Low – Time to Sell?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares hit a new 52-week low during trading on Friday . The company traded as low as $29.80 and last traded at $30.41, with a volume of 1095406 shares trading hands. The stock had previously closed at $31.55.

Dimensional U.S. Core Equity 2 ETF Trading Down 5.5 %

The business has a 50 day simple moving average of $34.39 and a two-hundred day simple moving average of $34.85. The stock has a market cap of $28.66 billion, a price-to-earnings ratio of 19.75 and a beta of 1.01.

Dimensional U.S. Core Equity 2 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.083 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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

Several institutional investors have recently added to or reduced their stakes in DFAC. Abound Wealth Management increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 644.9% in the 4th quarter. Abound Wealth Management now owns 1,311 shares of the company’s stock worth $45,000 after purchasing an additional 1,135 shares during the last quarter. Modus Advisors LLC bought a new stake in Dimensional U.S. Core Equity 2 ETF in the fourth quarter valued at about $58,000. Twin Lakes Capital Management LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF during the fourth quarter valued at approximately $106,000. Fortitude Family Office LLC lifted its holdings in Dimensional U.S. Core Equity 2 ETF by 233.0% during the 4th quarter. Fortitude Family Office LLC now owns 3,333 shares of the company’s stock worth $115,000 after buying an additional 2,332 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF in the 4th quarter worth approximately $116,000.

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.