Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 52-Week High – Here’s Why

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) shares hit a new 52-week high on Wednesday . The company traded as high as $39.76 and last traded at $39.75, with a volume of 62472 shares. The stock had previously closed at $39.59.

Dimensional US Core Equity Market ETF Price Performance

The stock’s 50 day simple moving average is $38.38 and its two-hundred day simple moving average is $37.35. The firm has a market cap of $6.04 billion, a P/E ratio of 22.05 and a beta of 1.02.

Hedge Funds Weigh In On Dimensional US Core Equity Market ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. GEM Asset Management LLC increased its holdings in shares of Dimensional US Core Equity Market ETF by 3.8% in the 3rd quarter. GEM Asset Management LLC now owns 129,214 shares of the company’s stock worth $5,079,000 after purchasing an additional 4,691 shares in the last quarter. CWM LLC raised its position in Dimensional US Core Equity Market ETF by 36.4% in the 3rd quarter. CWM LLC now owns 23,316 shares of the company’s stock worth $925,000 after buying an additional 6,224 shares during the last quarter. Helen Stephens Group LLC lifted its stake in Dimensional US Core Equity Market ETF by 1.7% during the 3rd quarter. Helen Stephens Group LLC now owns 108,656 shares of the company’s stock valued at $4,313,000 after acquiring an additional 1,806 shares during the period. Pioneer Wealth Management Group boosted its holdings in shares of Dimensional US Core Equity Market ETF by 3.7% during the 3rd quarter. Pioneer Wealth Management Group now owns 1,025,308 shares of the company’s stock valued at $40,694,000 after acquiring an additional 36,437 shares during the last quarter. Finally, ZRC Wealth Management LLC grew its stake in shares of Dimensional US Core Equity Market ETF by 5.9% in the third quarter. ZRC Wealth Management LLC now owns 35,793 shares of the company’s stock worth $1,421,000 after acquiring an additional 1,999 shares during the period.

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.