Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIP) Sets New 12-Month Low – Should You Sell?

Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIPGet Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $40.17 and last traded at $40.17, with a volume of 777 shares changing hands. The stock had previously closed at $40.42.

Dimensional Inflation-Protected Securities ETF Stock Performance

The firm’s 50-day simple moving average is $40.79 and its 200 day simple moving average is $41.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in shares of Dimensional Inflation-Protected Securities ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 15,742 shares of the company’s stock valued at $663,000 after acquiring an additional 1,230 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Dimensional Inflation-Protected Securities ETF by 14.2% in the 1st quarter. NewEdge Advisors LLC now owns 31,474 shares of the company’s stock worth $1,325,000 after acquiring an additional 3,902 shares during the period. Jones Financial Companies Lllp purchased a new position in Dimensional Inflation-Protected Securities ETF in the 1st quarter valued at approximately $121,000. Goldman Sachs Group Inc. increased its stake in Dimensional Inflation-Protected Securities ETF by 60.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 118,619 shares of the company’s stock valued at $4,995,000 after purchasing an additional 44,757 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Dimensional Inflation-Protected Securities ETF during the first quarter worth $370,000.

About Dimensional Inflation-Protected Securities ETF

(Get Free Report)

The Dimensional Inflation-Protected Securities ETF (DFIP) is an exchange-traded fund that is based on the Bloomberg U.S. TIPS index. The fund is an actively-managed fund that holds US government 5-20 year inflation-protected bonds. DFIP was launched on Dec 15, 2021 and is managed by Dimensional.

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