Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Reaches New 52-Week High – Here’s Why

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $66.62 and last traded at $66.62, with a volume of 260223 shares. The stock had previously closed at $66.45.

Dimensional U.S. Equity ETF Stock Up 0.3 %

The business has a fifty day simple moving average of $65.20 and a 200-day simple moving average of $63.23. The firm has a market cap of $10.63 billion, a P/E ratio of 24.29 and a beta of 1.04.

Hedge Funds Weigh In On Dimensional U.S. Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. raised its holdings in Dimensional U.S. Equity ETF by 201.4% in the fourth quarter. Prudential Financial Inc. now owns 26,381,889 shares of the company’s stock worth $1,684,747,000 after purchasing an additional 17,627,659 shares in the last quarter. Focus Partners Wealth raised its holdings in Dimensional U.S. Equity ETF by 1.9% in the fourth quarter. Focus Partners Wealth now owns 8,423,973 shares of the company’s stock worth $537,028,000 after purchasing an additional 154,726 shares in the last quarter. Sax Wealth Advisors LLC raised its holdings in Dimensional U.S. Equity ETF by 1.7% in the fourth quarter. Sax Wealth Advisors LLC now owns 3,269,813 shares of the company’s stock worth $208,451,000 after purchasing an additional 54,532 shares in the last quarter. Great Waters Wealth Management raised its holdings in Dimensional U.S. Equity ETF by 12.1% in the fourth quarter. Great Waters Wealth Management now owns 2,511,066 shares of the company’s stock worth $160,080,000 after purchasing an additional 271,029 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in Dimensional U.S. Equity ETF by 7.6% in the fourth quarter. LPL Financial LLC now owns 2,421,592 shares of the company’s stock worth $154,376,000 after purchasing an additional 172,020 shares in the last quarter.

Dimensional U.S. Equity ETF Company Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.