Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 1-Year High – Should You Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) shares reached a new 52-week high on Tuesday . The stock traded as high as $47.54 and last traded at $47.4740, with a volume of 66010 shares trading hands. The stock had previously closed at $47.35.

Dimensional US Core Equity Market ETF Stock Up 0.5%

The firm has a market cap of $10.47 billion, a P/E ratio of 23.25 and a beta of 1.00. The stock’s 50-day moving average is $46.59 and its 200-day moving average is $45.07.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

Hedge funds have recently made changes to their positions in the stock. SJS Investment Consulting Inc. bought a new position in Dimensional US Core Equity Market ETF during the third quarter valued at about $55,000. Bank of Montreal Can grew its holdings in shares of Dimensional US Core Equity Market ETF by 297.6% during the 2nd quarter. Bank of Montreal Can now owns 3,193 shares of the company’s stock worth $135,000 after purchasing an additional 2,390 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Dimensional US Core Equity Market ETF during the 3rd quarter worth approximately $139,000. Qube Research & Technologies Ltd increased its position in shares of Dimensional US Core Equity Market ETF by 93.1% during the third quarter. Qube Research & Technologies Ltd now owns 3,392 shares of the company’s stock valued at $155,000 after purchasing an additional 1,635 shares during the period. Finally, US Bancorp DE raised its stake in shares of Dimensional US Core Equity Market ETF by 5,595.9% in the third quarter. US Bancorp DE now owns 4,215 shares of the company’s stock valued at $193,000 after purchasing an additional 4,141 shares in the last quarter.

Dimensional US Core Equity Market ETF Company Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.