Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Reaches New 52-Week High – Time to Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) shares hit a new 52-week high on Wednesday . The company traded as high as $75.09 and last traded at $75.1120, with a volume of 96329 shares changing hands. The stock had previously closed at $74.92.

Dimensional U.S. Equity ETF Price Performance

The stock has a market cap of $18.27 billion, a price-to-earnings ratio of 24.45 and a beta of 1.01. The business’s 50 day moving average is $73.52 and its 200 day moving average is $70.75.

Institutional Investors Weigh In On Dimensional U.S. Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Maseco LLP acquired a new stake in Dimensional U.S. Equity ETF during the second quarter worth approximately $529,336,000. Prudential Financial Inc. grew its position in shares of Dimensional U.S. Equity ETF by 6.0% in the 2nd quarter. Prudential Financial Inc. now owns 45,111,138 shares of the company’s stock valued at $2,880,797,000 after buying an additional 2,543,644 shares during the last quarter. Root Financial Partners LLC grew its position in shares of Dimensional U.S. Equity ETF by 47.4% in the 3rd quarter. Root Financial Partners LLC now owns 4,561,445 shares of the company’s stock valued at $330,431,000 after buying an additional 1,466,016 shares during the last quarter. Vise Technologies Inc. purchased a new stake in Dimensional U.S. Equity ETF in the third quarter valued at $97,353,000. Finally, Focus Partners Wealth grew its holdings in shares of Dimensional U.S. Equity ETF by 13.8% during the third quarter. Focus Partners Wealth now owns 9,198,125 shares of the company’s stock worth $667,584,000 after purchasing an additional 1,113,200 shares during the last quarter.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.