Dimensional Short-Duration Fixed Income ETF (NYSEARCA:DFSD) Reaches New 12-Month High – Still a Buy?

Dimensional Short-Duration Fixed Income ETF (NYSEARCA:DFSD) shares reached a new 52-week high on Friday . The company traded as high as $48.50 and last traded at $48.4960, with a volume of 238607 shares changing hands. The stock had previously closed at $48.41.

Dimensional Short-Duration Fixed Income ETF Stock Performance

The firm’s 50 day moving average price is $48.13 and its 200-day moving average price is $48.19.

Hedge Funds Weigh In On Dimensional Short-Duration Fixed Income ETF

A number of hedge funds have recently bought and sold shares of the business. VSM Wealth Advisory LLC purchased a new stake in shares of Dimensional Short-Duration Fixed Income ETF in the fourth quarter valued at approximately $50,000. Advisory Services Network LLC acquired a new stake in Dimensional Short-Duration Fixed Income ETF in the 3rd quarter valued at $59,000. Tradewinds Capital Management LLC purchased a new stake in Dimensional Short-Duration Fixed Income ETF in the 4th quarter worth $81,000. NewEdge Advisors LLC acquired a new position in Dimensional Short-Duration Fixed Income ETF during the first quarter worth $99,000. Finally, National Bank of Canada FI raised its position in Dimensional Short-Duration Fixed Income ETF by 154.9% during the third quarter. National Bank of Canada FI now owns 2,182 shares of the company’s stock worth $105,000 after acquiring an additional 1,326 shares during the period.

About Dimensional Short-Duration Fixed Income ETF

The Dimensional Short-Duration Fixed Income ETF (DFSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities with short duration. DFSD was launched on Nov 15, 2021 and is managed by Dimensional.