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

Shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) reached a new 52-week high on Friday . The stock traded as high as $49.35 and last traded at $49.29, with a volume of 240502 shares traded. The stock had previously closed at $49.02.

Dimensional US Core Equity Market ETF Trading Up 0.6%

The stock has a market capitalization of $11.26 billion, a PE ratio of 23.25 and a beta of 1.00. The firm has a 50-day moving average price of $46.80 and a 200-day moving average price of $46.80.

Institutional Trading of Dimensional US Core Equity Market ETF

Hedge funds have recently added to or reduced their stakes in the stock. Great Point Wealth Advisors LLC bought a new position in Dimensional US Core Equity Market ETF during the third quarter valued at $14,316,000. Kooman & Associates raised its stake in shares of Dimensional US Core Equity Market ETF by 2.8% in the third quarter. Kooman & Associates now owns 2,785,357 shares of the company’s stock valued at $127,458,000 after buying an additional 75,775 shares during the period. Alpha Financial Advisors LLC raised its stake in shares of Dimensional US Core Equity Market ETF by 6.4% in the third quarter. Alpha Financial Advisors LLC now owns 803,942 shares of the company’s stock valued at $36,788,000 after buying an additional 48,024 shares during the period. Croban purchased a new position in shares of Dimensional US Core Equity Market ETF during the 3rd quarter valued at $6,708,000. Finally, Highland Financial Advisors LLC lifted its position in shares of Dimensional US Core Equity Market ETF by 4.9% during the 3rd quarter. Highland Financial Advisors LLC now owns 727,979 shares of the company’s stock valued at $33,312,000 after buying an additional 33,684 shares during the last quarter.

Dimensional US Core Equity Market ETF Company Profile

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.