Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sets New 12-Month High – Time to Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $81.72 and last traded at $81.67, with a volume of 21172 shares changing hands. The stock had previously closed at $81.12.

Dimensional U.S. Equity ETF Stock Performance

The stock has a fifty day moving average price of $75.80 and a 200-day moving average price of $74.88. The firm has a market capitalization of $20.70 billion, a PE ratio of 24.45 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DFUS. AQR Capital Management LLC grew its position in shares of Dimensional U.S. Equity ETF by 87.1% in the 1st quarter. AQR Capital Management LLC now owns 65,906 shares of the company’s stock worth $3,986,000 after buying an additional 30,674 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Dimensional U.S. Equity ETF in the 1st quarter worth approximately $2,047,000. Peapack Gladstone Financial Corp grew its position in shares of Dimensional U.S. Equity ETF by 18.4% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 19,672 shares of the company’s stock worth $1,318,000 after buying an additional 3,054 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of Dimensional U.S. Equity ETF by 11.9% in the 2nd quarter. Quantinno Capital Management LP now owns 143,113 shares of the company’s stock worth $9,591,000 after buying an additional 15,258 shares during the last quarter. Finally, CLG LLC grew its position in shares of Dimensional U.S. Equity ETF by 1.9% in the 2nd quarter. CLG LLC now owns 58,352 shares of the company’s stock worth $3,911,000 after buying an additional 1,092 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.