Dimensional US Real Estate ETF (NYSEARCA:DFAR) Hits New 1-Year High – Still a Buy?

Dimensional US Real Estate ETF (NYSEARCA:DFAR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.79 and last traded at $26.78, with a volume of 481810 shares changing hands. The stock had previously closed at $26.35.

Dimensional US Real Estate ETF Stock Down 1.6%

The firm has a 50-day moving average price of $26.06 and a 200 day moving average price of $24.80. The firm has a market capitalization of $1.73 billion, a PE ratio of 31.45 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

Several institutional investors have recently bought and sold shares of the company. 3 Factor Indexing LLC lifted its position in shares of Dimensional US Real Estate ETF by 23.8% during the second quarter. 3 Factor Indexing LLC now owns 6,138 shares of the company’s stock worth $161,000 after purchasing an additional 1,179 shares in the last quarter. Sprinkle Financial Consultants LLC grew its holdings in shares of Dimensional US Real Estate ETF by 2.1% in the second quarter. Sprinkle Financial Consultants LLC now owns 55,756 shares of the company’s stock valued at $1,459,000 after purchasing an additional 1,124 shares in the last quarter. DWR Wealth Management LLC increased its stake in Dimensional US Real Estate ETF by 21.0% during the 2nd quarter. DWR Wealth Management LLC now owns 106,535 shares of the company’s stock worth $2,837,000 after buying an additional 18,472 shares during the period. Bannerman Wealth Management Group LLC lifted its holdings in Dimensional US Real Estate ETF by 4.2% during the 2nd quarter. Bannerman Wealth Management Group LLC now owns 164,429 shares of the company’s stock worth $4,301,000 after buying an additional 6,603 shares in the last quarter. Finally, Evanson Financial LLC purchased a new position in Dimensional US Real Estate ETF in the 2nd quarter valued at approximately $4,239,000.

Dimensional US Real Estate ETF Company Profile

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.