Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Sets New 1-Year High – Still a Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) reached a new 52-week high during trading on Thursday . The company traded as high as $81.85 and last traded at $81.70, with a volume of 117719 shares changing hands. The stock had previously closed at $80.52.

Dimensional U.S. Small Cap ETF Stock Up 1.0%

The firm has a market capitalization of $14.76 billion, a price-to-earnings ratio of 15.89 and a beta of 1.02. The business’s 50-day simple moving average is $77.88 and its two-hundred day simple moving average is $74.61.

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

A number of hedge funds have recently made changes to their positions in DFAS. Western Wealth Management LLC lifted its stake in Dimensional U.S. Small Cap ETF by 11.6% during the first quarter. Western Wealth Management LLC now owns 13,573 shares of the company’s stock worth $965,000 after purchasing an additional 1,407 shares in the last quarter. J. R. Prunier Capital Management LLC grew its stake in shares of Dimensional U.S. Small Cap ETF by 10.2% in the first quarter. J. R. Prunier Capital Management LLC now owns 32,032 shares of the company’s stock valued at $2,278,000 after buying an additional 2,956 shares in the last quarter. E Wealth Partners LLC grew its stake in shares of Dimensional U.S. Small Cap ETF by 23.6% in the first quarter. E Wealth Partners LLC now owns 4,021 shares of the company’s stock valued at $286,000 after buying an additional 769 shares in the last quarter. Robinswood Financial LLC purchased a new stake in shares of Dimensional U.S. Small Cap ETF in the 1st quarter valued at $208,000. Finally, DBK Financial Counsel LLC raised its holdings in shares of Dimensional U.S. Small Cap ETF by 4.1% in the 1st quarter. DBK Financial Counsel LLC now owns 67,173 shares of the company’s stock valued at $4,778,000 after buying an additional 2,616 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.