Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIP) Reaches New 52-Week Low – Here’s What Happened

Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIP)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $40.58 and last traded at $40.59, with a volume of 10033 shares traded. The stock had previously closed at $41.13.

Dimensional Inflation-Protected Securities ETF Stock Performance

The company’s 50-day moving average price is $41.55 and its 200-day moving average price is $41.79.

Institutional Investors Weigh In On Dimensional Inflation-Protected Securities ETF

A number of hedge funds have recently added to or reduced their stakes in DFIP. Royal Bank of Canada increased its position in shares of Dimensional Inflation-Protected Securities ETF by 8.5% during the first quarter. Royal Bank of Canada now owns 15,742 shares of the company’s stock worth $663,000 after acquiring an additional 1,230 shares during the period. NewEdge Advisors LLC boosted its holdings in Dimensional Inflation-Protected Securities ETF by 14.2% in the first quarter. NewEdge Advisors LLC now owns 31,474 shares of the company’s stock valued at $1,325,000 after purchasing an additional 3,902 shares during the period. Jones Financial Companies Lllp purchased a new position in Dimensional Inflation-Protected Securities ETF in the first quarter valued at $121,000. Goldman Sachs Group Inc. grew its stake in Dimensional Inflation-Protected Securities ETF by 60.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 118,619 shares of the company’s stock worth $4,995,000 after purchasing an additional 44,757 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Dimensional Inflation-Protected Securities ETF during the 1st quarter worth $370,000.

About Dimensional Inflation-Protected Securities ETF

The Dimensional Inflation-Protected Securities ETF (DFIP) is an exchange-traded fund that is based on the Bloomberg U.S. TIPS index. The fund is an actively-managed fund that holds US government 5-20 year inflation-protected bonds. DFIP was launched on Dec 15, 2021 and is managed by Dimensional.