Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Reaches New 12-Month High – Time to Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $78.58 and last traded at $78.24, with a volume of 23003 shares. The stock had previously closed at $77.77.

Dimensional U.S. Small Cap ETF Price Performance

The business’s 50-day moving average price is $73.58 and its two-hundred day moving average price is $72.03. The firm has a market cap of $14.24 billion, a price-to-earnings ratio of 15.89 and a beta of 1.04.

Hedge Funds Weigh In On Dimensional U.S. Small Cap ETF

Institutional investors have recently added to or reduced their stakes in the business. Angeles Wealth Management LLC grew its position in Dimensional U.S. Small Cap ETF by 5,495.8% during the first quarter. Angeles Wealth Management LLC now owns 5,372 shares of the company’s stock valued at $382,000 after acquiring an additional 5,276 shares during the period. Oder Investment Management LLC grew its position in Dimensional U.S. Small Cap ETF by 23.5% in the first quarter. Oder Investment Management LLC now owns 4,664 shares of the company’s stock valued at $332,000 after acquiring an additional 889 shares in the last quarter. Independent Financial Group LLC acquired a new stake in Dimensional U.S. Small Cap ETF in the first quarter valued at approximately $364,000. CPA Asset Management Group LLC raised its stake in shares of Dimensional U.S. Small Cap ETF by 11.8% during the first quarter. CPA Asset Management Group LLC now owns 94,211 shares of the company’s stock valued at $6,701,000 after purchasing an additional 9,908 shares during the period. Finally, BCM Advisors LLC lifted its position in shares of Dimensional U.S. Small Cap ETF by 3.0% during the first quarter. BCM Advisors LLC now owns 51,591 shares of the company’s stock worth $3,959,000 after purchasing an additional 1,507 shares in the last quarter.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.