Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sets New 1-Year High – Still a Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $43.65 and last traded at $43.59, with a volume of 149333 shares changing hands. The stock had previously closed at $43.35.

Dimensional U.S. Core Equity 2 ETF Trading Up 0.6%

The stock has a market capitalization of $45.74 billion, a PE ratio of 20.75 and a beta of 0.98. The firm’s fifty day moving average is $40.97 and its 200-day moving average is $40.35.

Hedge Funds Weigh In On Dimensional U.S. Core Equity 2 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in DFAC. Gradient Capital Advisors LLC boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 1.1% in the fourth quarter. Gradient Capital Advisors LLC now owns 24,803 shares of the company’s stock valued at $982,000 after purchasing an additional 273 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 0.6% in the third quarter. Kestra Private Wealth Services LLC now owns 49,741 shares of the company’s stock valued at $1,918,000 after purchasing an additional 281 shares in the last quarter. Guardian Asset Advisors LLC boosted its holdings in 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 valued at $287,000 after purchasing an additional 292 shares in the last quarter. Legacy Wealth Management Inc boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 5.1% in the fourth quarter. Legacy Wealth Management Inc now owns 6,256 shares of the company’s stock valued at $248,000 after purchasing an additional 305 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in Dimensional U.S. Core Equity 2 ETF by 1.0% in the fourth quarter. IFP Advisors Inc now owns 31,887 shares of the company’s stock valued at $1,262,000 after purchasing an additional 325 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.