Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 1-Year High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) hit a new 52-week high on Thursday . The company traded as high as $51.74 and last traded at $51.67, with a volume of 535474 shares changing hands. The stock had previously closed at $51.65.

Dimensional US Core Equity Market ETF Trading Up 0.0%

The stock has a 50-day simple moving average of $48.29 and a two-hundred day simple moving average of $47.50. The firm has a market capitalization of $11.88 billion, a P/E ratio of 23.25 and a beta of 1.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DFAU. Tradewinds Capital Management LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the 4th quarter valued at $38,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the 1st quarter valued at $43,000. UMB Bank n.a. purchased a new position in shares of Dimensional US Core Equity Market ETF in the 4th quarter valued at $43,000. Godfrey Financial Associates Inc. purchased a new position in shares of Dimensional US Core Equity Market ETF in the 4th quarter valued at $70,000. Finally, SJS Investment Consulting Inc. increased its holdings in shares of Dimensional US Core Equity Market ETF by 33.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $74,000 after acquiring an additional 410 shares during the period.

About Dimensional US Core Equity Market ETF

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.