Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $27.97 and traded as high as $28.09. Dimensional Global Real Estate ETF shares last traded at $28.05, with a volume of 549,655 shares.

Dimensional Global Real Estate ETF Trading Up 1.9%

The stock has a market cap of $3.89 billion, a P/E ratio of 29.05 and a beta of 0.88. The stock’s 50-day moving average is $27.97 and its 200-day moving average is $28.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Private Advisor Group LLC raised its holdings in Dimensional Global Real Estate ETF by 1.4% during the 1st quarter. Private Advisor Group LLC now owns 25,610 shares of the company’s stock worth $681,000 after buying an additional 363 shares during the period. Navigate Wealth Management LLC lifted its stake in Dimensional Global Real Estate ETF by 2.5% in the 3rd quarter. Navigate Wealth Management LLC now owns 15,282 shares of the company’s stock worth $416,000 after acquiring an additional 373 shares in the last quarter. MB Generational Wealth LLC lifted its stake in Dimensional Global Real Estate ETF by 1.7% in the 1st quarter. MB Generational Wealth LLC now owns 24,744 shares of the company’s stock worth $658,000 after acquiring an additional 406 shares in the last quarter. Donalies Financial Planning LLC boosted its position in Dimensional Global Real Estate ETF by 3.3% during the 3rd quarter. Donalies Financial Planning LLC now owns 12,595 shares of the company’s stock worth $341,000 after acquiring an additional 407 shares during the period. Finally, Collective Family Office LLC boosted its position in Dimensional Global Real Estate ETF by 2.4% during the 2nd quarter. Collective Family Office LLC now owns 22,863 shares of the company’s stock worth $662,000 after acquiring an additional 530 shares during the period.

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.