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

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) reached a new 52-week high on Friday . The company traded as high as $41.95 and last traded at $41.87, with a volume of 109689 shares trading hands. The stock had previously closed at $41.54.

Dimensional U.S. Core Equity 2 ETF Stock Performance

The stock has a market cap of $43.95 billion, a price-to-earnings ratio of 20.75 and a beta of 0.99. The company has a 50-day simple moving average of $40.15 and a two-hundred day simple moving average of $39.73.

Institutional Investors Weigh In On Dimensional U.S. Core Equity 2 ETF

A number of institutional investors have recently made changes to their positions in DFAC. McGlone Suttner Wealth Management Inc. lifted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.2% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 3,709,551 shares of the company’s stock valued at $143,077,000 after purchasing an additional 44,925 shares during the period. Essential Planning LLC. lifted its stake in Dimensional U.S. Core Equity 2 ETF by 38.5% in the third quarter. Essential Planning LLC. now owns 154,359 shares of the company’s stock valued at $5,954,000 after buying an additional 42,933 shares during the period. American Capital Advisory LLC boosted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 2.7% during the 3rd quarter. American Capital Advisory LLC now owns 718,911 shares of the company’s stock worth $27,728,000 after buying an additional 18,769 shares in the last quarter. Betterment LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 6.9% during the 3rd quarter. Betterment LLC now owns 3,166,372 shares of the company’s stock worth $122,127,000 after buying an additional 205,012 shares during the period. Finally, Chapman Financial Group LLC acquired a new stake in shares of Dimensional U.S. Core Equity 2 ETF during the 3rd quarter worth approximately $624,000.

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.