Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Hits New 12-Month High – Time to Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $40.73 and last traded at $40.7150, with a volume of 1082820 shares traded. The stock had previously closed at $40.68.

Dimensional U.S. Core Equity 2 ETF Price Performance

The firm has a market cap of $41.37 billion, a price-to-earnings ratio of 20.75 and a beta of 1.00. The firm’s fifty day moving average is $39.38 and its 200-day moving average is $38.23.

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

Several hedge funds have recently modified their holdings of DFAC. Traub Capital Management LLC acquired a new position in shares of Dimensional U.S. Core Equity 2 ETF during the second quarter valued at about $25,000. Trust Co. of Vermont bought a new position in shares of Dimensional U.S. Core Equity 2 ETF in the third quarter valued at approximately $29,000. BankPlus Trust Department purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the second quarter valued at approximately $30,000. Turning Point Benefit Group Inc. purchased a new position in shares of Dimensional U.S. Core Equity 2 ETF during the third quarter valued at approximately $31,000. Finally, Ancora Advisors LLC grew its holdings in Dimensional U.S. Core Equity 2 ETF by 30.7% during the third quarter. Ancora Advisors LLC now owns 1,401 shares of the company’s stock worth $54,000 after buying an additional 329 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.