Riggs Capital Management LLC Makes New Investment in Dimensional US Real Estate ETF (NYSEARCA:DFAR)

Riggs Capital Management LLC bought a new position in Dimensional US Real Estate ETF (NYSEARCA:DFAR) during the 4th quarter, HoldingsChannel reports. The fund bought 48,047 shares of the company’s stock, valued at approximately $1,118,000. Dimensional US Real Estate ETF makes up 1.1% of Riggs Capital Management LLC’s investment portfolio, making the stock its 26th largest position.

A number of other institutional investors also recently modified their holdings of DFAR. Prudential Financial Inc. bought a new stake in Dimensional US Real Estate ETF in the fourth quarter worth $25,753,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Dimensional US Real Estate ETF in the 4th quarter valued at about $17,401,000. Essential Planning LLC. lifted its stake in Dimensional US Real Estate ETF by 6,022.9% in the fourth quarter. Essential Planning LLC. now owns 677,870 shares of the company’s stock worth $16,792,000 after purchasing an additional 666,799 shares during the last quarter. United Wealth Management LLC bought a new position in Dimensional US Real Estate ETF in the 4th quarter worth about $10,267,000. Finally, Raymond James Financial Inc. purchased a new position in Dimensional US Real Estate ETF during the 4th quarter valued at about $6,660,000.

Dimensional US Real Estate ETF Price Performance

DFAR opened at $23.52 on Monday. The firm’s 50-day moving average price is $23.72 and its 200-day moving average price is $24.31. Dimensional US Real Estate ETF has a 52-week low of $20.32 and a 52-week high of $26.12. The company has a market cap of $1.28 billion, a P/E ratio of 32.81 and a beta of 1.04.

Dimensional US Real Estate ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.0182 per share. The ex-dividend date was Tuesday, March 25th.

About Dimensional US Real Estate ETF

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.