Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Reaches New 52-Week High – Time to Buy?

Shares of Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) reached a new 52-week high during trading on Monday . The stock traded as high as $81.61 and last traded at $81.38, with a volume of 17481 shares changing hands. The stock had previously closed at $80.51.

Dimensional U.S. Small Cap ETF Stock Performance

The company has a market capitalization of $14.72 billion, a PE ratio of 15.89 and a beta of 1.02. The company’s 50-day simple moving average is $76.77 and its 200-day simple moving average is $74.02.

Hedge Funds Weigh In On Dimensional U.S. Small Cap ETF

A number of large investors have recently modified their holdings of the business. Creative Planning raised its position in Dimensional U.S. Small Cap ETF by 12.1% in the third quarter. Creative Planning now owns 22,684,991 shares of the company’s stock worth $1,553,014,000 after acquiring an additional 2,456,531 shares in the last quarter. Northern Trust Corp boosted its position in shares of Dimensional U.S. Small Cap ETF by 0.3% during the 4th quarter. Northern Trust Corp now owns 8,102,950 shares of the company’s stock worth $564,533,000 after purchasing an additional 23,636 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Dimensional U.S. Small Cap ETF by 6.3% during the 3rd quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock worth $452,490,000 after purchasing an additional 392,795 shares during the period. Focus Partners Wealth grew its stake in shares of Dimensional U.S. Small Cap ETF by 3.4% during the 4th quarter. Focus Partners Wealth now owns 3,517,043 shares of the company’s stock worth $245,032,000 after purchasing an additional 114,288 shares during the period. Finally, Pure Financial Advisors LLC increased its holdings in shares of Dimensional U.S. Small Cap ETF by 5.4% in the 4th quarter. Pure Financial Advisors LLC now owns 3,104,414 shares of the company’s stock valued at $216,285,000 after purchasing an additional 158,090 shares in the last quarter.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.