Summit Financial Strategies Inc. Grows Stock Position in Dimensional Global Real Estate ETF $DFGR

Summit Financial Strategies Inc. lifted its holdings in Dimensional Global Real Estate ETF (NYSEARCA:DFGR) by 10.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,062,100 shares of the company’s stock after buying an additional 104,670 shares during the period. Dimensional Global Real Estate ETF makes up about 2.2% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 13th largest position. Summit Financial Strategies Inc.’s holdings in Dimensional Global Real Estate ETF were worth $28,231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in DFGR. Signaturefd LLC bought a new stake in Dimensional Global Real Estate ETF during the fourth quarter valued at approximately $38,000. Fifth Third Bancorp purchased a new stake in Dimensional Global Real Estate ETF during the fourth quarter valued at approximately $46,000. Nalls Sherbakoff Group LLC bought a new position in Dimensional Global Real Estate ETF in the fourth quarter worth approximately $50,000. Redwood Park Advisors LLC raised its position in Dimensional Global Real Estate ETF by 148.9% in the fourth quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock worth $50,000 after acquiring an additional 1,130 shares during the period. Finally, Private Trust Co. NA boosted its stake in shares of Dimensional Global Real Estate ETF by 50.0% during the 4th quarter. Private Trust Co. NA now owns 3,000 shares of the company’s stock worth $79,000 after acquiring an additional 1,000 shares during the last quarter.

Dimensional Global Real Estate ETF Stock Performance

Shares of Dimensional Global Real Estate ETF stock traded up $0.09 on Friday, hitting $29.23. 349,935 shares of the company’s stock were exchanged, compared to its average volume of 435,396. Dimensional Global Real Estate ETF has a 1 year low of $26.02 and a 1 year high of $29.63. The company has a 50-day simple moving average of $28.95 and a 200-day simple moving average of $27.99. The stock has a market capitalization of $3.75 billion, a PE ratio of 29.05 and a beta of 0.88.

About Dimensional Global Real Estate ETF

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.