Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Here’s Why

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $43.35 and last traded at $43.27, with a volume of 58475 shares changing hands. The stock had previously closed at $43.14.

Dimensional International Core Equity Market ETF Trading Up 0.1%

The company has a market capitalization of $17.93 billion, a price-to-earnings ratio of 15.89 and a beta of 0.76. The stock’s fifty day simple moving average is $41.65 and its 200-day simple moving average is $40.97.

Institutional Trading of Dimensional International Core Equity Market ETF

Several hedge funds have recently added to or reduced their stakes in the company. Allegiance Financial Group Advisory Services LLC raised its holdings in shares of Dimensional International Core Equity Market ETF by 6.6% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 501,378 shares of the company’s stock valued at $19,108,000 after purchasing an additional 31,073 shares in the last quarter. Bridgewater Advisors Inc. lifted its holdings in shares of Dimensional International Core Equity Market ETF by 8.0% in the 4th quarter. Bridgewater Advisors Inc. now owns 1,321,376 shares of the company’s stock valued at $52,142,000 after purchasing an additional 98,432 shares during the last quarter. DeLarme Wealth Management Inc. purchased a new stake in Dimensional International Core Equity Market ETF in the fourth quarter valued at approximately $14,819,000. Johnson Wealth Management LLC acquired a new stake in Dimensional International Core Equity Market ETF during the 4th quarter worth $6,502,000. Finally, CWS Financial Advisors LLC acquired a new stake in Dimensional International Core Equity Market ETF during the 4th quarter worth $623,000.

Dimensional International Core Equity Market ETF Company Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.