Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Reaches New 52-Week High – Should You Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $70.69 and last traded at $70.70, with a volume of 254652 shares trading hands. The stock had previously closed at $70.31.

Dimensional U.S. Small Cap ETF Price Performance

The stock has a 50 day moving average of $68.18 and a two-hundred day moving average of $66.22. The stock has a market capitalization of $11.83 billion, a PE ratio of 15.89 and a beta of 1.06.

Hedge Funds Weigh In On Dimensional U.S. Small Cap ETF

Hedge funds have recently bought and sold shares of the stock. Creative Planning boosted its stake in shares of Dimensional U.S. Small Cap ETF by 12.1% during the 3rd quarter. Creative Planning now owns 22,684,991 shares of the company’s stock worth $1,553,014,000 after purchasing an additional 2,456,531 shares during the last quarter. Northern Trust Corp grew its stake in Dimensional U.S. Small Cap ETF by 2.9% in the 3rd quarter. Northern Trust Corp now owns 8,079,314 shares of the company’s stock worth $553,110,000 after acquiring an additional 229,914 shares during the period. Bank of America Corp DE grew its stake in Dimensional U.S. Small Cap ETF by 6.3% in the 3rd quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock worth $452,490,000 after acquiring an additional 392,795 shares during the period. Index Fund Advisors Inc. raised its holdings in Dimensional U.S. Small Cap ETF by 0.5% in the 3rd quarter. Index Fund Advisors Inc. now owns 5,856,832 shares of the company’s stock valued at $400,959,000 after acquiring an additional 30,872 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in Dimensional U.S. Small Cap ETF by 10.9% during the third quarter. Focus Partners Wealth now owns 3,402,755 shares of the company’s stock worth $232,951,000 after buying an additional 333,978 shares during the period.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.