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

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $51.74 and last traded at $51.67, with a volume of 535474 shares trading hands. The stock had previously closed at $51.65.

Dimensional US Core Equity Market ETF Trading Up 0.0%

The firm has a market capitalization of $11.88 billion, a P/E ratio of 23.25 and a beta of 1.00. The firm has a 50 day moving average price of $48.29 and a 200-day moving average price of $47.50.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

A number of institutional investors and hedge funds have recently modified their holdings of DFAU. Brighton Jones LLC raised its position in Dimensional US Core Equity Market ETF by 11.0% during the 4th quarter. Brighton Jones LLC now owns 989,254 shares of the company’s stock valued at $40,055,000 after purchasing an additional 98,296 shares in the last quarter. Royal Bank of Canada raised its position in Dimensional US Core Equity Market ETF by 4.7% during the 1st quarter. Royal Bank of Canada now owns 219,696 shares of the company’s stock valued at $8,446,000 after purchasing an additional 9,918 shares in the last quarter. AQR Capital Management LLC raised its position in Dimensional US Core Equity Market ETF by 24.8% during the 1st quarter. AQR Capital Management LLC now owns 69,878 shares of the company’s stock valued at $2,686,000 after purchasing an additional 13,895 shares in the last quarter. Jane Street Group LLC bought a new stake in Dimensional US Core Equity Market ETF during the 1st quarter valued at $2,576,000. Finally, Cerity Partners LLC raised its position in Dimensional US Core Equity Market ETF by 3.1% during the 2nd quarter. Cerity Partners LLC now owns 168,580 shares of the company’s stock valued at $7,141,000 after purchasing an additional 5,140 shares in 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.