Dimensional US Real Estate ETF (NYSEARCA:DFAR) Reaches New 52-Week High – What’s Next?

Dimensional US Real Estate ETF (NYSEARCA:DFAR)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $26.38 and last traded at $26.19, with a volume of 3363687 shares traded. The stock had previously closed at $26.27.

Dimensional US Real Estate ETF Trading Down 0.3%

The business has a 50 day simple moving average of $25.04 and a 200-day simple moving average of $24.21. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 31.45 and a beta of 0.93.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors acquired a new position in shares of Dimensional US Real Estate ETF in the 1st quarter valued at about $863,000. Quantinno Capital Management LP lifted its stake in shares of Dimensional US Real Estate ETF by 23.8% in the 1st quarter. Quantinno Capital Management LP now owns 24,652 shares of the company’s stock valued at $583,000 after purchasing an additional 4,744 shares in the last quarter. Cardiff Park Advisors LLC lifted its stake in shares of Dimensional US Real Estate ETF by 13.6% in the 1st quarter. Cardiff Park Advisors LLC now owns 21,984 shares of the company’s stock valued at $520,000 after purchasing an additional 2,628 shares in the last quarter. Broadhurst Jeffrey B acquired a new position in shares of Dimensional US Real Estate ETF in the 1st quarter valued at about $1,578,000. Finally, Sei Investments Co. lifted its stake in shares of Dimensional US Real Estate ETF by 32.9% in the 1st quarter. Sei Investments Co. now owns 37,169 shares of the company’s stock valued at $879,000 after purchasing an additional 9,205 shares in the last quarter.

About Dimensional US Real Estate ETF

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.