Dimensional US Real Estate ETF (NYSEARCA:DFAR) Hits New 1-Year High – Time to Buy?

Dimensional US Real Estate ETF (NYSEARCA:DFAR) shares reached a new 52-week high on Wednesday . The stock traded as high as $24.68 and last traded at $24.6720, with a volume of 824649 shares traded. The stock had previously closed at $24.48.

Dimensional US Real Estate ETF Stock Performance

The stock has a market cap of $1.60 billion, a P/E ratio of 31.45 and a beta of 0.94. The business’s 50-day moving average price is $23.37 and its 200-day moving average price is $23.49.

Institutional Trading of Dimensional US Real Estate ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Focus Partners Wealth increased its stake in Dimensional US Real Estate ETF by 2.7% in the 3rd quarter. Focus Partners Wealth now owns 3,682,897 shares of the company’s stock worth $87,837,000 after buying an additional 96,126 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Dimensional US Real Estate ETF by 8.3% in the fourth quarter. HighTower Advisors LLC now owns 2,575,478 shares of the company’s stock valued at $58,982,000 after acquiring an additional 196,432 shares in the last quarter. Prudential Financial Inc. boosted its stake in shares of Dimensional US Real Estate ETF by 6.3% in the second quarter. Prudential Financial Inc. now owns 2,489,800 shares of the company’s stock worth $58,411,000 after acquiring an additional 147,000 shares during the period. Elwood & Goetz Wealth Advisory Group LLC grew its position in shares of Dimensional US Real Estate ETF by 8.1% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 2,375,621 shares of the company’s stock worth $54,405,000 after purchasing an additional 177,099 shares in the last quarter. Finally, Root Financial Partners LLC raised its stake in Dimensional US Real Estate ETF by 20.6% during the 4th quarter. Root Financial Partners LLC now owns 1,909,269 shares of the company’s stock valued at $43,725,000 after purchasing an additional 326,780 shares during the period.

Dimensional US Real Estate ETF Company Profile

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.