Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Hits New 1-Year High – Here’s Why

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.74 and last traded at $51.67, with a volume of 535474 shares traded. The stock had previously closed at $51.65.

Dimensional US Core Equity Market ETF Stock Performance

The business has a fifty day moving average of $48.53 and a 200-day moving average of $47.57. The company has a market capitalization of $11.96 billion, a P/E ratio of 23.25 and a beta of 1.00.

Hedge Funds Weigh In On Dimensional US Core Equity Market ETF

A number of large investors have recently modified their holdings of the company. Security Financial Services INC. lifted its holdings in shares of Dimensional US Core Equity Market ETF by 1.1% in the 1st quarter. Security Financial Services INC. now owns 335,234 shares of the company’s stock worth $15,126,000 after purchasing an additional 3,649 shares in the last quarter. Bank of America Corp DE lifted its stake in Dimensional US Core Equity Market ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 568,101 shares of the company’s stock valued at $25,633,000 after acquiring an additional 11,211 shares in the last quarter. Arkadios Wealth Advisors bought a new position in Dimensional US Core Equity Market ETF during the 1st quarter valued at $2,414,000. Claris Financial LLC lifted its stake in Dimensional US Core Equity Market ETF by 12.2% during the 1st quarter. Claris Financial LLC now owns 9,252 shares of the company’s stock valued at $417,000 after acquiring an additional 1,004 shares in the last quarter. Finally, Envision Financial Planning LLC lifted its stake in Dimensional US Core Equity Market ETF by 4.8% during the 1st quarter. Envision Financial Planning LLC now owns 523,955 shares of the company’s stock valued at $23,641,000 after acquiring an additional 23,951 shares in the last quarter.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.