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

Shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high on Friday . The stock traded as high as $28.90 and last traded at $28.89, with a volume of 24935 shares changing hands. The stock had previously closed at $28.75.

Dimensional Global Real Estate ETF Trading Up 0.4%

The company has a 50 day moving average of $27.25 and a 200 day moving average of $27.16. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 29.05 and a beta of 0.96.

Institutional Investors Weigh In On Dimensional Global Real Estate ETF

A number of hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in shares of Dimensional Global Real Estate ETF by 6.9% in the third quarter. Commonwealth Equity Services LLC now owns 386,614 shares of the company’s stock worth $10,558,000 after purchasing an additional 24,986 shares in the last quarter. Apella Capital LLC grew its position in Dimensional Global Real Estate ETF by 8.4% in the third quarter. Apella Capital LLC now owns 280,865 shares of the company’s stock valued at $7,662,000 after purchasing an additional 21,869 shares in the last quarter. Baker Tilly Wealth Management LLC acquired a new stake in Dimensional Global Real Estate ETF in the 3rd quarter valued at $2,482,000. Evanson Asset Management LLC lifted its position in Dimensional Global Real Estate ETF by 17.4% during the 3rd quarter. Evanson Asset Management LLC now owns 413,890 shares of the company’s stock worth $11,303,000 after buying an additional 61,445 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Dimensional Global Real Estate ETF by 4.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 222,765 shares of the company’s stock worth $5,977,000 after buying an additional 10,154 shares in the last quarter.

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.