Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 1-Year High – Time to Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $77.05 and last traded at $76.13, with a volume of 509814 shares changing hands. The stock had previously closed at $76.39.

Dimensional U.S. Small Cap ETF Price Performance

The company has a 50 day simple moving average of $72.71 and a 200-day simple moving average of $69.46. The firm has a market cap of $13.41 billion, a PE ratio of 15.89 and a beta of 1.06.

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

Several institutional investors and hedge funds have recently made changes to their positions in DFAS. Creative Planning lifted its stake 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 purchasing an additional 2,456,531 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Dimensional U.S. Small Cap ETF by 2.9% in the third quarter. Northern Trust Corp now owns 8,079,314 shares of the company’s stock worth $553,110,000 after buying an additional 229,914 shares during the period. Bank of America Corp DE lifted its stake in shares of Dimensional U.S. Small Cap ETF by 6.3% in the 3rd quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock valued at $452,490,000 after acquiring an additional 392,795 shares during the last quarter. Index Fund Advisors Inc. lifted its stake in shares of Dimensional U.S. Small Cap ETF by 0.5% in the 3rd quarter. Index Fund Advisors Inc. now owns 5,856,832 shares of the company’s stock valued at $400,959,000 after acquiring an additional 30,872 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in Dimensional U.S. Small Cap ETF by 10.9% during the 3rd quarter. Focus Partners Wealth now owns 3,402,755 shares of the company’s stock valued at $232,951,000 after acquiring an additional 333,978 shares during the period.

Dimensional U.S. Small Cap ETF Company Profile

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.