Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Sets New 52-Week High – Should You Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) hit a new 52-week high during trading on Wednesday . The company traded as high as $74.97 and last traded at $74.6610, with a volume of 106284 shares changing hands. The stock had previously closed at $73.45.

Dimensional U.S. Small Cap ETF Trading Up 2.5%

The business’s 50-day simple moving average is $70.51 and its 200-day simple moving average is $68.43. The company has a market capitalization of $13.09 billion, a PE ratio of 15.89 and a beta of 1.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Montz Harcus Wealth Management LLC grew its position in Dimensional U.S. Small Cap ETF by 4.9% during the second quarter. Montz Harcus Wealth Management LLC now owns 3,534 shares of the company’s stock valued at $225,000 after acquiring an additional 164 shares during the period. Tradewinds Capital Management LLC boosted its position in shares of Dimensional U.S. Small Cap ETF by 38.6% in the third quarter. Tradewinds Capital Management LLC now owns 610 shares of the company’s stock worth $42,000 after buying an additional 170 shares during the period. VSM Wealth Advisory LLC grew its stake in shares of Dimensional U.S. Small Cap ETF by 0.8% in the third quarter. VSM Wealth Advisory LLC now owns 20,621 shares of the company’s stock valued at $1,412,000 after buying an additional 172 shares in the last quarter. IFG Advisors LLC lifted its position in Dimensional U.S. Small Cap ETF by 1.4% during the 2nd quarter. IFG Advisors LLC now owns 12,252 shares of the company’s stock worth $781,000 after acquiring an additional 175 shares in the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. boosted its holdings in Dimensional U.S. Small Cap ETF by 3.4% in the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 5,375 shares of the company’s stock worth $374,000 after acquiring an additional 175 shares during the period.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.