Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Sets New 52-Week High – Should You Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s share price hit a new 52-week high on Tuesday . The company traded as high as $48.03 and last traded at $48.0320, with a volume of 98786 shares traded. The stock had previously closed at $47.82.

Dimensional US Core Equity Market ETF Trading Up 0.4%

The stock has a 50-day moving average price of $46.97 and a 200 day moving average price of $45.64. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC increased its holdings in Dimensional US Core Equity Market ETF by 5.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,007,237 shares of the company’s stock worth $320,651,000 after acquiring an additional 344,952 shares in the last quarter. RVW Wealth LLC raised its position in shares of Dimensional US Core Equity Market ETF by 0.3% during the 4th quarter. RVW Wealth LLC now owns 4,512,375 shares of the company’s stock worth $211,179,000 after purchasing an additional 13,137 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in Dimensional US Core Equity Market ETF by 6.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,994,457 shares of the company’s stock valued at $182,786,000 after buying an additional 227,398 shares in the last quarter. Allworth Financial LP boosted its holdings in Dimensional US Core Equity Market ETF by 4.6% in the 3rd quarter. Allworth Financial LP now owns 3,989,254 shares of the company’s stock worth $182,548,000 after buying an additional 175,456 shares during the last quarter. Finally, Aquire Wealth Advisors LLC raised its holdings in shares of Dimensional US Core Equity Market ETF by 4.1% during the third quarter. Aquire Wealth Advisors LLC now owns 3,605,368 shares of the company’s stock valued at $164,982,000 after acquiring an additional 143,579 shares during the last quarter.

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.