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

Dimensional U.S. Equity ETF (NYSEARCA:DFUS)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $73.75 and last traded at $73.76, with a volume of 22126 shares trading hands. The stock had previously closed at $73.05.

Dimensional U.S. Equity ETF Price Performance

The stock’s 50-day moving average is $71.58 and its 200 day moving average is $66.97. The company has a market cap of $17.89 billion, a PE ratio of 24.45 and a beta of 0.99.

Institutional Investors Weigh In On Dimensional U.S. Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DFUS. Maseco LLP purchased a new stake in Dimensional U.S. Equity ETF during the second quarter valued at approximately $529,336,000. Prudential Financial Inc. lifted its position in Dimensional U.S. Equity ETF by 6.0% during the second quarter. Prudential Financial Inc. now owns 45,111,138 shares of the company’s stock valued at $2,880,797,000 after acquiring an additional 2,543,644 shares during the last quarter. LPL Financial LLC lifted its position in Dimensional U.S. Equity ETF by 49.1% during the first quarter. LPL Financial LLC now owns 3,610,103 shares of the company’s stock valued at $218,339,000 after acquiring an additional 1,188,511 shares during the last quarter. SouthState Corp purchased a new stake in Dimensional U.S. Equity ETF during the first quarter valued at approximately $71,622,000. Finally, Elser Financial Planning Inc lifted its position in Dimensional U.S. Equity ETF by 2,118.6% during the second quarter. Elser Financial Planning Inc now owns 948,821 shares of the company’s stock valued at $63,979,000 after acquiring an additional 906,055 shares during the last quarter.

About Dimensional U.S. Equity ETF

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.