Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Hits New 1-Year High – What’s Next?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $52.38 and last traded at $52.37, with a volume of 140360 shares trading hands. The stock had previously closed at $51.78.

Dimensional US Core Equity Market ETF Trading Up 1.4%

The firm has a 50-day moving average of $51.53 and a 200 day moving average of $49.09. The company has a market cap of $12.60 billion, a P/E ratio of 23.25 and a beta of 1.00.

Hedge Funds Weigh In On Dimensional US Core Equity Market ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sageworth Trust Co increased its stake in shares of Dimensional US Core Equity Market ETF by 4,798.5% in the 4th quarter. Sageworth Trust Co now owns 4,504,629 shares of the company’s stock valued at $210,817,000 after acquiring an additional 4,412,669 shares in the last quarter. Mars Jewett Financial Group Inc. acquired a new stake in Dimensional US Core Equity Market ETF in the fourth quarter worth $148,702,000. Annex Advisory Services LLC acquired a new stake in Dimensional US Core Equity Market ETF in the fourth quarter worth $134,254,000. Beacon Pointe Advisors LLC increased its stake in Dimensional US Core Equity Market ETF by 418.8% in the fourth quarter. Beacon Pointe Advisors LLC now owns 2,668,454 shares of the company’s stock valued at $124,884,000 after purchasing an additional 2,154,091 shares in the last quarter. Finally, Apella Capital LLC increased its stake in Dimensional US Core Equity Market ETF by 1,877.7% in the first quarter. Apella Capital LLC now owns 2,153,540 shares of the company’s stock valued at $105,760,000 after purchasing an additional 2,044,648 shares in the last quarter.

Dimensional US Core Equity Market ETF Company Profile

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.