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

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) reached a new 52-week high on Thursday . The stock traded as high as $84.98 and last traded at $84.90, with a volume of 19674 shares trading hands. The stock had previously closed at $84.56.

Dimensional U.S. Equity ETF Stock Up 0.4%

The company has a market cap of $21.72 billion, a P/E ratio of 24.45 and a beta of 1.01. The company has a fifty day moving average of $81.79 and a 200 day moving average of $77.97.

Institutional Investors Weigh In On Dimensional U.S. Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in Dimensional U.S. Equity ETF by 5,806.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,933,357 shares of the company’s stock valued at $440,077,000 after buying an additional 5,832,895 shares during the period. Vise Technologies Inc. raised its position in Dimensional U.S. Equity ETF by 252.9% in the fourth quarter. Vise Technologies Inc. now owns 4,742,037 shares of the company’s stock worth $351,717,000 after acquiring an additional 3,398,120 shares during the period. Align Financial LLC bought a new position in Dimensional U.S. Equity ETF in the fourth quarter worth approximately $167,770,000. Smartleaf Asset Management LLC boosted its stake in shares of Dimensional U.S. Equity ETF by 2,962.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,537,647 shares of the company’s stock worth $114,908,000 after acquiring an additional 1,487,443 shares during the last quarter. Finally, Earned Wealth Advisors LLC boosted its stake in shares of Dimensional U.S. Equity ETF by 702.8% during the 4th quarter. Earned Wealth Advisors LLC now owns 1,483,146 shares of the company’s stock worth $110,005,000 after acquiring an additional 1,298,394 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.