Drive Wealth Management LLC Sells 7,785 Shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR)

Drive Wealth Management LLC cut its stake in Dimensional US Real Estate ETF (NYSEARCA:DFAR) by 32.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,869 shares of the company’s stock after selling 7,785 shares during the period. Drive Wealth Management LLC’s holdings in Dimensional US Real Estate ETF were worth $407,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of DFAR. Phillips Financial Management LLC lifted its holdings in Dimensional US Real Estate ETF by 8.0% during the 3rd quarter. Phillips Financial Management LLC now owns 471,734 shares of the company’s stock valued at $12,095,000 after purchasing an additional 35,091 shares during the last quarter. Straight Path Wealth Management boosted its holdings in shares of Dimensional US Real Estate ETF by 5.1% in the 3rd quarter. Straight Path Wealth Management now owns 177,370 shares of the company’s stock worth $4,548,000 after acquiring an additional 8,592 shares in the last quarter. Vawter Financial Ltd. grew its position in Dimensional US Real Estate ETF by 10.4% during the 3rd quarter. Vawter Financial Ltd. now owns 56,194 shares of the company’s stock worth $1,441,000 after acquiring an additional 5,290 shares during the last quarter. Vestia Personal Wealth Advisors raised its position in Dimensional US Real Estate ETF by 7.3% in the 3rd quarter. Vestia Personal Wealth Advisors now owns 49,217 shares of the company’s stock valued at $1,260,000 after purchasing an additional 3,334 shares during the last quarter. Finally, TRU Independence Asset Management 2 LLC acquired a new position in Dimensional US Real Estate ETF in the third quarter worth $891,000.

Dimensional US Real Estate ETF Stock Performance

Shares of NYSEARCA:DFAR opened at $24.80 on Tuesday. The business has a fifty day moving average of $25.22 and a 200-day moving average of $23.68. Dimensional US Real Estate ETF has a twelve month low of $20.26 and a twelve month high of $26.12. The firm has a market cap of $1.14 billion, a PE ratio of 27.86 and a beta of 0.99.

Dimensional US Real Estate ETF 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.