Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 12-Month High – Here’s Why

Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $38.30 and last traded at $38.26, with a volume of 21154 shares trading hands. The stock had previously closed at $38.05.

Dimensional International Core Equity Market ETF Price Performance

The company has a market cap of $12.47 billion, a PE ratio of 15.89 and a beta of 0.78. The firm has a 50-day simple moving average of $37.01 and a two-hundred day simple moving average of $35.89.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

Hedge funds have recently modified their holdings of the company. Brighton Jones LLC grew its stake in Dimensional International Core Equity Market ETF by 21.2% in the 4th quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock worth $31,337,000 after acquiring an additional 188,084 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Dimensional International Core Equity Market ETF by 18.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 409,309 shares of the company’s stock valued at $12,783,000 after purchasing an additional 64,592 shares during the period. Synovus Financial Corp grew its position in shares of Dimensional International Core Equity Market ETF by 158.2% in the first quarter. Synovus Financial Corp now owns 19,002 shares of the company’s stock valued at $593,000 after purchasing an additional 11,642 shares during the period. Orion Capital Management LLC increased its stake in Dimensional International Core Equity Market ETF by 1,852.5% in the first quarter. Orion Capital Management LLC now owns 5,018 shares of the company’s stock valued at $157,000 after purchasing an additional 4,761 shares during the last quarter. Finally, Envision Financial Planning LLC lifted its position in Dimensional International Core Equity Market ETF by 1.2% during the first quarter. Envision Financial Planning LLC now owns 399,619 shares of the company’s stock worth $12,480,000 after buying an additional 4,686 shares during the period.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.