NewEdge Advisors LLC Lowers Position in Dimensional Global Real Estate ETF $DFGR

NewEdge Advisors LLC decreased its position in shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) by 19.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,610 shares of the company’s stock after selling 17,668 shares during the quarter. NewEdge Advisors LLC’s holdings in Dimensional Global Real Estate ETF were worth $1,903,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC lifted its stake in shares of Dimensional Global Real Estate ETF by 23.7% in the 4th quarter. Savant Capital LLC now owns 10,439,385 shares of the company’s stock valued at $275,809,000 after purchasing an additional 1,997,764 shares during the period. Forum Financial Management LP grew its position in Dimensional Global Real Estate ETF by 7.7% during the fourth quarter. Forum Financial Management LP now owns 16,638,902 shares of the company’s stock valued at $439,600,000 after buying an additional 1,187,688 shares during the period. Guardian Wealth Management LLC purchased a new position in Dimensional Global Real Estate ETF in the fourth quarter valued at $23,077,000. Financial Plan Inc. purchased a new position in Dimensional Global Real Estate ETF in the fourth quarter valued at $22,493,000. Finally, Arax Advisory Partners purchased a new position in Dimensional Global Real Estate ETF in the fourth quarter valued at $19,738,000.

Dimensional Global Real Estate ETF Stock Performance

Shares of Dimensional Global Real Estate ETF stock opened at $29.80 on Friday. The firm has a 50-day simple moving average of $29.26 and a two-hundred day simple moving average of $28.34. Dimensional Global Real Estate ETF has a fifty-two week low of $26.02 and a fifty-two week high of $30.42. The company has a market cap of $3.85 billion, a P/E ratio of 29.05 and a beta of 0.88.

Dimensional Global Real Estate ETF Profile

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.