Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Hits New 12-Month Low – Here’s Why

Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) hit a new 52-week low on Monday . The company traded as low as $23.24 and last traded at $23.27, with a volume of 241542 shares traded. The stock had previously closed at $24.25.

Dimensional World ex U.S. Core Equity 2 ETF Stock Performance

The firm has a market capitalization of $6.86 billion, a P/E ratio of 14.01 and a beta of 0.76. The firm has a 50-day moving average of $26.23 and a 200-day moving average of $25.93.

Dimensional World ex U.S. Core Equity 2 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.0685 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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

A number of large investors have recently made changes to their positions in DFAX. JPMorgan Chase & Co. boosted its position in Dimensional World ex U.S. Core Equity 2 ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 449,719 shares of the company’s stock worth $12,147,000 after purchasing an additional 11,125 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Dimensional World ex U.S. Core Equity 2 ETF by 1,006.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,237 shares of the company’s stock worth $105,000 after buying an additional 3,854 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Dimensional World ex U.S. Core Equity 2 ETF by 141.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 34,324 shares of the company’s stock valued at $853,000 after buying an additional 20,101 shares during the period. Avantax Advisory Services Inc. increased its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 56.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 22,948 shares of the company’s stock valued at $570,000 after buying an additional 8,241 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Dimensional World ex U.S. Core Equity 2 ETF in the fourth quarter worth approximately $492,000.

About Dimensional World ex U.S. Core Equity 2 ETF

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.