Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Sets New 12-Month High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $46.02 and last traded at $45.96, with a volume of 539498 shares changing hands. The stock had previously closed at $45.77.

Dimensional US Core Equity Market ETF Price Performance

The firm has a market cap of $9.33 billion, a PE ratio of 23.25 and a beta of 0.98. The firm has a 50-day simple moving average of $44.12 and a 200 day simple moving average of $41.07.

Hedge Funds Weigh In On Dimensional US Core Equity Market ETF

Hedge funds have recently bought and sold shares of the company. CENTRAL TRUST Co bought a new position in Dimensional US Core Equity Market ETF in the 1st quarter worth about $75,000. Cloud Capital Management LLC bought a new position in Dimensional US Core Equity Market ETF in the 1st quarter worth about $80,000. Grand Wealth Management LLC bought a new position in Dimensional US Core Equity Market ETF in the 1st quarter worth about $105,000. Bank of Montreal Can boosted its stake in Dimensional US Core Equity Market ETF by 297.6% in the 2nd quarter. Bank of Montreal Can now owns 3,193 shares of the company’s stock worth $135,000 after purchasing an additional 2,390 shares in the last quarter. Finally, Wealth Preservation Advisors LLC bought a new position in Dimensional US Core Equity Market ETF in the 1st quarter worth about $176,000.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.