Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Hits New 12-Month High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.50 and last traded at $45.37, with a volume of 718866 shares traded. The stock had previously closed at $45.44.

Dimensional US Core Equity Market ETF Trading Down 0.2%

The firm has a market cap of $9.21 billion, a P/E ratio of 23.25 and a beta of 0.98. The business has a 50-day moving average price of $43.90 and a 200-day moving average price of $40.89.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

Large investors have recently modified their holdings of the business. Orion Capital Management LLC bought a new position in shares of Dimensional US Core Equity Market ETF during the fourth quarter valued at approximately $58,000. CENTRAL TRUST Co bought a new stake in Dimensional US Core Equity Market ETF during the 1st quarter valued at $75,000. Cloud Capital Management LLC bought a new stake in Dimensional US Core Equity Market ETF during the 1st quarter valued at $80,000. Grand Wealth Management LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the 1st quarter valued at $105,000. Finally, Bank of Montreal Can raised its position in shares of Dimensional US Core Equity Market ETF by 297.6% in the 2nd quarter. Bank of Montreal Can now owns 3,193 shares of the company’s stock worth $135,000 after acquiring an additional 2,390 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.