Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 52-Week High – Still a Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) reached a new 52-week high on Tuesday . The stock traded as high as $78.78 and last traded at $78.71, with a volume of 40241 shares trading hands. The stock had previously closed at $77.53.

Dimensional U.S. Small Cap ETF Stock Performance

The company has a market cap of $14.34 billion, a price-to-earnings ratio of 15.89 and a beta of 1.04. The business’s 50 day moving average price is $74.81 and its 200-day moving average price is $73.03.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Creative Planning raised its position in Dimensional U.S. Small Cap ETF by 12.1% in the third quarter. Creative Planning now owns 22,684,991 shares of the company’s stock worth $1,553,014,000 after purchasing an additional 2,456,531 shares in the last quarter. Northern Trust Corp raised its position in Dimensional U.S. Small Cap ETF by 0.3% in the fourth quarter. Northern Trust Corp now owns 8,102,950 shares of the company’s stock worth $564,533,000 after purchasing an additional 23,636 shares in the last quarter. Bank of America Corp DE raised its position in Dimensional U.S. Small Cap ETF by 6.3% in the third quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock worth $452,490,000 after purchasing an additional 392,795 shares in the last quarter. Focus Partners Wealth raised its position in Dimensional U.S. Small Cap ETF by 3.4% in the fourth quarter. Focus Partners Wealth now owns 3,517,043 shares of the company’s stock worth $245,032,000 after purchasing an additional 114,288 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its position in Dimensional U.S. Small Cap ETF by 5.4% in the fourth quarter. Pure Financial Advisors LLC now owns 3,104,414 shares of the company’s stock worth $216,285,000 after purchasing an additional 158,090 shares in the last quarter.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.