Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Hits New 52-Week High at $34.27

Shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $34.27 and last traded at $34.21, with a volume of 32091 shares changing hands. The stock had previously closed at $33.95.

Dimensional U.S. Core Equity 2 ETF Stock Up 0.1 %

The business has a 50-day moving average price of $33.06 and a 200-day moving average price of $32.21. The firm has a market capitalization of $29.63 billion, a PE ratio of 19.03 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 53,433,075 shares of the company’s stock worth $1,722,682,000 after acquiring an additional 1,598,446 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 5.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 47,667,442 shares of the company’s stock worth $1,476,782,000 after acquiring an additional 2,612,418 shares during the period. LPL Financial LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% during the 2nd quarter. LPL Financial LLC now owns 17,656,203 shares of the company’s stock worth $569,236,000 after acquiring an additional 239,260 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 4.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 10,614,978 shares of the company’s stock worth $339,149,000 after acquiring an additional 417,123 shares during the period. Finally, Savant Capital LLC raised its holdings in shares of Dimensional U.S. Core Equity 2 ETF by 82.7% during the 2nd quarter. Savant Capital LLC now owns 9,757,567 shares of the company’s stock worth $314,584,000 after acquiring an additional 4,416,364 shares during the period.

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.