Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sees Unusually-High Trading Volume – Time to Buy?

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) saw unusually-strong trading volume on Friday . Approximately 2,403,600 shares were traded during mid-day trading, an increase of 50% from the previous session’s volume of 1,607,312 shares.The stock last traded at $34.64 and had previously closed at $34.33.

Dimensional U.S. Core Equity 2 ETF Price Performance

The firm has a fifty day moving average of $33.28 and a 200 day moving average of $32.38. The stock has a market capitalization of $30.08 billion, a price-to-earnings ratio of 19.03 and a beta of 1.00.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. S.A. Mason LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF during the 1st quarter worth $27,000. Able Wealth Management LLC purchased a new stake in Dimensional U.S. Core Equity 2 ETF during the 4th quarter valued at about $29,000. Sound Income Strategies LLC acquired a new stake in Dimensional U.S. Core Equity 2 ETF in the 1st quarter valued at about $36,000. Abich Financial Wealth Management LLC purchased a new position in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth approximately $54,000. Finally, National Bank of Canada FI purchased a new position in Dimensional U.S. Core Equity 2 ETF in the 2nd quarter worth approximately $56,000.

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.