Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 12-Month High – Still a Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.13 and last traded at $42.05, with a volume of 48951 shares traded. The stock had previously closed at $42.05.

Dimensional US Core Equity Market ETF Stock Performance

The firm has a market cap of $6.38 billion, a price-to-earnings ratio of 22.05 and a beta of 1.02. The business has a fifty day moving average of $40.41 and a two-hundred day moving average of $38.67.

Institutional Trading of Dimensional US Core Equity Market ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in Dimensional US Core Equity Market ETF in the third quarter worth about $150,000. World Investment Advisors LLC boosted its position in shares of Dimensional US Core Equity Market ETF by 23.9% during the third quarter. World Investment Advisors LLC now owns 69,600 shares of the company’s stock worth $2,762,000 after buying an additional 13,405 shares during the period. Invst LLC raised its holdings in Dimensional US Core Equity Market ETF by 67.3% during the third quarter. Invst LLC now owns 64,856 shares of the company’s stock worth $2,574,000 after purchasing an additional 26,090 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in Dimensional US Core Equity Market ETF by 3.0% during the third quarter. Glass Jacobson Investment Advisors llc now owns 210,152 shares of the company’s stock worth $8,341,000 after purchasing an additional 6,026 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in Dimensional US Core Equity Market ETF by 32.5% during the third quarter. MML Investors Services LLC now owns 201,669 shares of the company’s stock worth $8,004,000 after purchasing an additional 49,483 shares in the last quarter.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.