Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 1-Year High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $47.45 and last traded at $47.4450, with a volume of 186539 shares changing hands. The stock had previously closed at $47.30.

Dimensional US Core Equity Market ETF Trading Up 0.3%

The firm has a market capitalization of $10.16 billion, a P/E ratio of 23.25 and a beta of 1.00. The firm has a 50 day moving average price of $46.38 and a 200-day moving average price of $44.69.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

Hedge funds have recently made changes to their positions in the company. SJS Investment Consulting Inc. acquired a new stake in shares of Dimensional US Core Equity Market ETF during the third quarter worth $55,000. Salomon & Ludwin LLC acquired a new stake in Dimensional US Core Equity Market ETF during the 3rd quarter worth about $139,000. Bank of Montreal Can lifted its position in Dimensional US Core Equity Market ETF by 297.6% during the 2nd quarter. Bank of Montreal Can now owns 3,193 shares of the company’s stock worth $135,000 after acquiring an additional 2,390 shares during the period. Qube Research & Technologies Ltd grew its stake in Dimensional US Core Equity Market ETF by 93.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 3,392 shares of the company’s stock valued at $155,000 after purchasing an additional 1,635 shares during the last quarter. Finally, US Bancorp DE increased its holdings in shares of Dimensional US Core Equity Market ETF by 5,595.9% in the third quarter. US Bancorp DE now owns 4,215 shares of the company’s stock valued at $193,000 after purchasing an additional 4,141 shares during the period.

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.