Dimensional US Real Estate ETF (NYSEARCA:DFAR) Shares Down 1% – Here’s Why

Dimensional US Real Estate ETF (NYSEARCA:DFAR) shares dropped 1% during trading on Wednesday. The stock traded as low as $24.65 and last traded at $24.67. 2,093,350 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 2,202,678 shares. The stock had previously closed at $24.91.

Dimensional US Real Estate ETF Stock Performance

The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 31.45 and a beta of 0.90. The stock’s 50-day simple moving average is $25.26 and its two-hundred day simple moving average is $25.80.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

A number of institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC grew its stake in shares of Dimensional US Real Estate ETF by 5.2% in the second quarter. Concurrent Investment Advisors LLC now owns 469,889 shares of the company’s stock worth $12,292,000 after acquiring an additional 23,030 shares during the last quarter. XY Planning Network Inc. acquired a new position in Dimensional US Real Estate ETF during the 2nd quarter valued at $570,000. Hurlow Wealth Management Group Inc. raised its stake in Dimensional US Real Estate ETF by 27.8% during the 1st quarter. Hurlow Wealth Management Group Inc. now owns 163,937 shares of the company’s stock valued at $3,877,000 after purchasing an additional 35,625 shares during the last quarter. Sax Wealth Advisors LLC raised its stake in Dimensional US Real Estate ETF by 230.2% during the 2nd quarter. Sax Wealth Advisors LLC now owns 82,585 shares of the company’s stock valued at $2,160,000 after purchasing an additional 57,571 shares during the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Dimensional US Real Estate ETF by 10.9% in the 1st quarter. Root Financial Partners LLC now owns 2,117,477 shares of the company’s stock valued at $50,078,000 after purchasing an additional 208,208 shares during the period.

Dimensional US Real Estate ETF Company Profile

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.