Summit Financial Strategies Inc. Has $32.35 Million Position in Dimensional Global Real Estate ETF $DFGR

Summit Financial Strategies Inc. grew its holdings in shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,116,692 shares of the company’s stock after buying an additional 54,592 shares during the quarter. Dimensional Global Real Estate ETF makes up 2.3% of Summit Financial Strategies Inc.’s portfolio, making the stock its 15th largest position. Summit Financial Strategies Inc. owned about 0.86% of Dimensional Global Real Estate ETF worth $32,351,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DFGR. Nalls Sherbakoff Group LLC bought a new stake in Dimensional Global Real Estate ETF during the fourth quarter worth about $50,000. Redwood Park Advisors LLC raised its stake in shares of Dimensional Global Real Estate ETF by 148.9% during the 4th quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock worth $50,000 after purchasing an additional 1,130 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Dimensional Global Real Estate ETF in the 1st quarter valued at approximately $53,000. Angeles Wealth Management LLC bought a new position in shares of Dimensional Global Real Estate ETF in the first quarter valued at $72,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Dimensional Global Real Estate ETF by 462.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,053 shares of the company’s stock worth $107,000 after buying an additional 3,333 shares during the last quarter.

Dimensional Global Real Estate ETF Trading Down 0.2%

NYSEARCA DFGR opened at $28.79 on Wednesday. The firm has a market capitalization of $3.73 billion, a P/E ratio of 29.05 and a beta of 0.87. The firm’s fifty day moving average price is $29.45 and its two-hundred day moving average price is $28.71. Dimensional Global Real Estate ETF has a 1 year low of $26.02 and a 1 year high of $30.42.

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.