Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Time to Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.06 and last traded at $41.9510, with a volume of 67167 shares trading hands. The stock had previously closed at $41.93.

Dimensional International Core Equity Market ETF Trading Down 0.3%

The firm has a 50-day moving average of $39.63 and a two-hundred day moving average of $37.56. The firm has a market cap of $14.53 billion, a price-to-earnings ratio of 15.89 and a beta of 0.78.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Godfrey Financial Associates Inc. bought a new position in shares of Dimensional International Core Equity Market ETF during the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. bought a new position in shares of Dimensional International Core Equity Market ETF during the second quarter valued at $29,000. RHL Group LLC bought a new position in shares of Dimensional International Core Equity Market ETF during the fourth quarter valued at $30,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Dimensional International Core Equity Market ETF in the 4th quarter valued at $32,000. Finally, Accredited Wealth Management LLC grew its holdings in shares of Dimensional International Core Equity Market ETF by 1,081.2% in the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $36,000 after purchasing an additional 919 shares during the last quarter.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.