Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Sets New 52-Week High – Here’s What Happened

Dimensional Global Real Estate ETF (NYSEARCA:DFGR) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $29.05 and last traded at $28.99, with a volume of 12458 shares. The stock had previously closed at $28.68.

Dimensional Global Real Estate ETF Price Performance

The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 29.05 and a beta of 0.92. The firm’s 50-day moving average is $27.82 and its 200 day moving average is $27.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC acquired a new position in Dimensional Global Real Estate ETF during the third quarter valued at approximately $26,000. CNB Bank purchased a new position in Dimensional Global Real Estate ETF in the third quarter valued at about $33,000. Signaturefd LLC acquired a new position in shares of Dimensional Global Real Estate ETF during the fourth quarter worth about $38,000. Fifth Third Bancorp purchased a new stake in shares of Dimensional Global Real Estate ETF in the fourth quarter worth about $46,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Dimensional Global Real Estate ETF in the fourth quarter worth about $50,000.

About Dimensional Global Real Estate ETF

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.