Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 12-Month High – Should You Buy?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high on Wednesday . The company traded as high as $29.29 and last traded at $29.29, with a volume of 34522 shares traded. The stock had previously closed at $29.02.

Dimensional Global Real Estate ETF Stock Performance

The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 29.05 and a beta of 0.90. The business has a 50 day simple moving average of $28.38 and a 200-day simple moving average of $27.63.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Signaturefd LLC acquired a new position in shares of Dimensional Global Real Estate ETF in the 4th quarter valued at $38,000. Fifth Third Bancorp acquired a new position in Dimensional Global Real Estate ETF in the fourth quarter valued at about $46,000. Nalls Sherbakoff Group LLC purchased a new position in Dimensional Global Real Estate ETF during the fourth quarter worth about $50,000. Redwood Park Advisors LLC increased its position in shares of Dimensional Global Real Estate ETF by 148.9% during the fourth quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock valued at $50,000 after acquiring an additional 1,130 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of Dimensional Global Real Estate ETF in the 1st quarter valued at approximately $53,000.

About Dimensional Global Real Estate ETF

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.