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

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) shares hit a new 52-week high on Tuesday . The company traded as high as $50.94 and last traded at $50.82, with a volume of 687923 shares trading hands. The stock had previously closed at $50.75.

Dimensional US Core Equity Market ETF Stock Up 0.5%

The firm has a market capitalization of $11.72 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00. The business’s 50-day simple moving average is $47.40 and its two-hundred day simple moving average is $47.18.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Tradewinds Capital Management LLC acquired a new position in shares of Dimensional US Core Equity Market ETF in the fourth quarter valued at approximately $38,000. UMB Bank n.a. acquired a new position in shares of Dimensional US Core Equity Market ETF in the fourth quarter valued at approximately $43,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Dimensional US Core Equity Market ETF in the first quarter valued at approximately $43,000. Godfrey Financial Associates Inc. acquired a new position in shares of Dimensional US Core Equity Market ETF in the fourth quarter valued at approximately $70,000. Finally, SJS Investment Consulting Inc. grew its holdings in shares of Dimensional US Core Equity Market ETF by 33.6% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $74,000 after purchasing an additional 410 shares in the last quarter.

About Dimensional US Core Equity Market ETF

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.