Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sets New 52-Week High – Time to Buy?

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $35.53 and last traded at $35.52, with a volume of 31383 shares. The stock had previously closed at $34.54.

Dimensional U.S. Core Equity 2 ETF Price Performance

The company has a market capitalization of $30.96 billion, a PE ratio of 19.03 and a beta of 1.00. The stock has a 50-day simple moving average of $34.01 and a 200 day simple moving average of $32.83.

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

A number of hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp lifted its position in shares of Dimensional U.S. Core Equity 2 ETF by 12.7% in the 2nd quarter. Fifth Third Bancorp now owns 37,711 shares of the company’s stock worth $1,216,000 after buying an additional 4,243 shares during the last quarter. GEM Asset Management LLC lifted its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 30.3% in the 3rd quarter. GEM Asset Management LLC now owns 138,954 shares of the company’s stock worth $4,724,000 after purchasing an additional 32,300 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in Dimensional U.S. Core Equity 2 ETF by 2.5% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 47,302 shares of the company’s stock worth $1,525,000 after buying an additional 1,147 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 0.8% during the first quarter. Vanguard Group Inc. now owns 104,496 shares of the company’s stock worth $3,339,000 after acquiring an additional 779 shares during the last quarter. Finally, Gemmer Asset Management LLC grew its position in Dimensional U.S. Core Equity 2 ETF by 74.1% in the 2nd quarter. Gemmer Asset Management LLC now owns 239,450 shares of the company’s stock worth $7,720,000 after purchasing an additional 101,875 shares during 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.