Summit Financial Strategies Inc. Has $23.74 Million Stake in Dimensional Global Real Estate ETF $DFGR

Summit Financial Strategies Inc. raised its holdings in Dimensional Global Real Estate ETF (NYSEARCA:DFGR) by 4.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 869,361 shares of the company’s stock after acquiring an additional 38,204 shares during the quarter. Dimensional Global Real Estate ETF comprises 2.0% of Summit Financial Strategies Inc.’s holdings, making the stock its 14th biggest holding. Summit Financial Strategies Inc.’s holdings in Dimensional Global Real Estate ETF were worth $23,742,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AE Wealth Management LLC boosted its stake in shares of Dimensional Global Real Estate ETF by 3,867.3% during the 2nd quarter. AE Wealth Management LLC now owns 2,182 shares of the company’s stock worth $59,000 after buying an additional 2,127 shares during the last quarter. Red Lighthouse Investment Management LLC raised its holdings in Dimensional Global Real Estate ETF by 103.5% during the second quarter. Red Lighthouse Investment Management LLC now owns 4,830 shares of the company’s stock worth $130,000 after acquiring an additional 2,457 shares in the last quarter. HMV Wealth Advisors LLC acquired a new position in Dimensional Global Real Estate ETF during the third quarter valued at approximately $215,000. Dopkins Wealth Management LLC acquired a new position in Dimensional Global Real Estate ETF during the second quarter valued at approximately $223,000. Finally, Live Oak Private Wealth LLC bought a new position in Dimensional Global Real Estate ETF in the second quarter valued at approximately $228,000.

Dimensional Global Real Estate ETF Stock Up 0.2%

NYSEARCA:DFGR opened at $26.47 on Monday. Dimensional Global Real Estate ETF has a twelve month low of $22.90 and a twelve month high of $27.85. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 29.05 and a beta of 0.96. The stock’s 50 day moving average price is $26.84 and its two-hundred day moving average price is $27.01.

About Dimensional Global Real Estate ETF

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.