Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Still a Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $42.45 and last traded at $42.42, with a volume of 188709 shares changing hands. The stock had previously closed at $42.14.

Dimensional International Core Equity Market ETF Price Performance

The business has a 50 day moving average of $41.22 and a 200 day moving average of $40.03. The firm has a market capitalization of $16.41 billion, a price-to-earnings ratio of 15.89 and a beta of 0.76.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

A number of institutional investors have recently made changes to their positions in the stock. Forthright Family Wealth Advisory LLC grew its stake in shares of Dimensional International Core Equity Market ETF by 2.0% during the fourth quarter. Forthright Family Wealth Advisory LLC now owns 12,590 shares of the company’s stock worth $480,000 after purchasing an additional 242 shares during the period. Bayshore Asset Management LLC grew its stake in shares of Dimensional International Core Equity Market ETF by 2.8% during the first quarter. Bayshore Asset Management LLC now owns 9,123 shares of the company’s stock worth $355,000 after purchasing an additional 250 shares during the period. Vestia Personal Wealth Advisors grew its stake in shares of Dimensional International Core Equity Market ETF by 0.8% during the fourth quarter. Vestia Personal Wealth Advisors now owns 33,779 shares of the company’s stock worth $1,333,000 after purchasing an additional 275 shares during the period. Quadcap Wealth Management LLC grew its stake in shares of Dimensional International Core Equity Market ETF by 2.0% during the first quarter. Quadcap Wealth Management LLC now owns 14,352 shares of the company’s stock worth $559,000 after purchasing an additional 282 shares during the period. Finally, Assetmark Inc. grew its stake in shares of Dimensional International Core Equity Market ETF by 2.6% during the third quarter. Assetmark Inc. now owns 11,821 shares of the company’s stock worth $430,000 after purchasing an additional 301 shares during the period.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.