Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Hits New 12-Month High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) reached a new 52-week high during trading on Monday . The stock traded as high as $47.91 and last traded at $47.9050, with a volume of 275064 shares trading hands. The stock had previously closed at $47.83.

Dimensional US Core Equity Market ETF Stock Up 0.2%

The stock’s fifty day moving average price is $46.66 and its 200-day moving average price is $45.25. The company has a market capitalization of $10.56 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. bought a new position in Dimensional US Core Equity Market ETF in the third quarter valued at approximately $55,000. Bank of Montreal Can raised its stake 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 bought a new stake in Dimensional US Core Equity Market ETF in the third quarter valued at approximately $139,000. Qube Research & Technologies Ltd boosted its stake in shares of Dimensional US Core Equity Market ETF by 93.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 3,392 shares of the company’s stock worth $155,000 after acquiring an additional 1,635 shares during the period. Finally, Beacon Financial Strategies CORP bought a new position in shares of Dimensional US Core Equity Market ETF during the 4th quarter worth approximately $182,000.

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.