Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sets New 52-Week High – Here’s What Happened

Dimensional U.S. Equity ETF (NYSEARCA:DFUS)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $65.76 and last traded at $65.74, with a volume of 7359 shares trading hands. The stock had previously closed at $65.17.

Dimensional U.S. Equity ETF Stock Performance

The business has a 50-day simple moving average of $63.00 and a 200-day simple moving average of $60.38. The company has a market cap of $10.48 billion, a price-to-earnings ratio of 24.29 and a beta of 1.04.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Planning raised its holdings in Dimensional U.S. Equity ETF by 116.0% during the second quarter. Creative Planning now owns 3,710,489 shares of the company’s stock worth $218,362,000 after purchasing an additional 1,992,827 shares in the last quarter. Silver Lake Advisory LLC acquired a new stake in shares of Dimensional U.S. Equity ETF during the second quarter worth $78,967,000. LPL Financial LLC raised its stake in Dimensional U.S. Equity ETF by 106.3% during the second quarter. LPL Financial LLC now owns 2,063,543 shares of the company’s stock worth $121,439,000 after purchasing an additional 1,063,231 shares during the period. Elser Financial Planning Inc purchased a new position in Dimensional U.S. Equity ETF in the second quarter valued at about $57,071,000. Finally, PBMares Wealth Management LLC grew its stake in shares of Dimensional U.S. Equity ETF by 182.1% in the third quarter. PBMares Wealth Management LLC now owns 686,734 shares of the company’s stock valued at $42,715,000 after buying an additional 443,291 shares in the last quarter.

Dimensional U.S. Equity ETF Company Profile

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.