Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Hits New 1-Year High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $47.38 and last traded at $47.27, with a volume of 716181 shares. The stock had previously closed at $46.89.

Dimensional US Core Equity Market ETF Stock Down 1.1%

The firm’s fifty day simple moving average is $46.23 and its 200-day simple moving average is $44.34. The company has a market cap of $10.04 billion, a PE ratio of 23.25 and a beta of 1.00.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

Large investors have recently bought and sold shares of the stock. Abacus Planning Group Inc. purchased a new stake in Dimensional US Core Equity Market ETF during the 2nd quarter worth about $114,778,000. Elser Financial Planning Inc acquired a new stake in shares of Dimensional US Core Equity Market ETF during the 2nd quarter worth about $86,230,000. RVW Wealth LLC boosted its stake in shares of Dimensional US Core Equity Market ETF by 56.1% during the 2nd quarter. RVW Wealth LLC now owns 4,331,669 shares of the company’s stock worth $183,489,000 after purchasing an additional 1,557,053 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its holdings in shares of Dimensional US Core Equity Market ETF by 118.6% during the second quarter. Focus Partners Advisor Solutions LLC now owns 2,074,570 shares of the company’s stock worth $87,879,000 after buying an additional 1,125,428 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in shares of Dimensional US Core Equity Market ETF by 18.4% in the second quarter. Sequoia Financial Advisors LLC now owns 6,662,285 shares of the company’s stock valued at $282,214,000 after buying an additional 1,034,590 shares during 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.