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

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $48.03 and last traded at $48.0320, with a volume of 98786 shares. The stock had previously closed at $47.82.

Dimensional US Core Equity Market ETF Price Performance

The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00. The firm’s fifty day moving average price is $47.15 and its two-hundred day moving average price is $45.71.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DFAU. Sequoia Financial Advisors LLC increased its holdings in shares of Dimensional US Core Equity Market ETF by 5.2% during the third quarter. Sequoia Financial Advisors LLC now owns 7,007,237 shares of the company’s stock valued at $320,651,000 after acquiring an additional 344,952 shares in the last quarter. RVW Wealth LLC grew its position in Dimensional US Core Equity Market ETF by 0.3% in the 4th quarter. RVW Wealth LLC now owns 4,512,375 shares of the company’s stock valued at $211,179,000 after purchasing an additional 13,137 shares during the period. OneDigital Investment Advisors LLC increased its stake in Dimensional US Core Equity Market ETF by 6.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,994,457 shares of the company’s stock valued at $182,786,000 after purchasing an additional 227,398 shares in the last quarter. Allworth Financial LP increased its stake in Dimensional US Core Equity Market ETF by 4.6% during the 3rd quarter. Allworth Financial LP now owns 3,989,254 shares of the company’s stock valued at $182,548,000 after purchasing an additional 175,456 shares in the last quarter. Finally, Aquire Wealth Advisors LLC raised its holdings in Dimensional US Core Equity Market ETF by 4.1% during the third quarter. Aquire Wealth Advisors LLC now owns 3,605,368 shares of the company’s stock worth $164,982,000 after buying an additional 143,579 shares during the last quarter.

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.