Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Reaches New 1-Year High – Here’s Why

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $39.88 and last traded at $39.9950, with a volume of 1994066 shares changing hands. The stock had previously closed at $39.53.

Dimensional U.S. Core Equity 2 ETF Stock Performance

The firm has a market capitalization of $39.82 billion, a PE ratio of 20.75 and a beta of 1.00. The business’s fifty day simple moving average is $38.86 and its 200-day simple moving average is $37.42.

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

Several hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its holdings in Dimensional U.S. Core Equity 2 ETF by 46.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 44,143 shares of the company’s stock worth $1,582,000 after purchasing an additional 14,007 shares during the period. CENTRAL TRUST Co grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 404.8% during the 2nd quarter. CENTRAL TRUST Co now owns 62,505 shares of the company’s stock worth $2,240,000 after buying an additional 50,123 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake 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 valued at $315,745,000 after buying an additional 4,593,492 shares during the period. Stone Summit Wealth LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 2.5% in the second quarter. Stone Summit Wealth LLC now owns 132,615 shares of the company’s stock valued at $4,753,000 after acquiring an additional 3,232 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 6.5% in the first quarter. Focus Partners Wealth now owns 40,316,550 shares of the company’s stock valued at $1,330,043,000 after acquiring an additional 2,458,453 shares in the last quarter.

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.