Dimensional US Real Estate ETF (NYSEARCA:DFAR) Reaches New 1-Year High – What’s Next?

Shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $25.11 and last traded at $25.0090, with a volume of 15787 shares. The stock had previously closed at $24.96.

Dimensional US Real Estate ETF Stock Up 0.5%

The company has a market cap of $1.61 billion, a price-to-earnings ratio of 31.45 and a beta of 0.94. The company has a fifty day simple moving average of $23.40 and a two-hundred day simple moving average of $23.50.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC acquired a new stake in shares of Dimensional US Real Estate ETF in the third quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its position in shares of Dimensional US Real Estate ETF by 81.2% in the third quarter. EverSource Wealth Advisors LLC now owns 1,154 shares of the company’s stock valued at $28,000 after acquiring an additional 517 shares in the last quarter. CNB Bank purchased a new stake in Dimensional US Real Estate ETF during the 3rd quarter worth about $33,000. Sittner & Nelson LLC raised its stake in Dimensional US Real Estate ETF by 94.6% in the 2nd quarter. Sittner & Nelson LLC now owns 2,259 shares of the company’s stock valued at $53,000 after purchasing an additional 1,098 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. lifted its holdings in Dimensional US Real Estate ETF by 117.2% in the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 2,335 shares of the company’s stock valued at $55,000 after purchasing an additional 1,260 shares in the last quarter.

Dimensional US Real Estate ETF Company Profile

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.