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

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $46.02 and last traded at $45.96, with a volume of 539498 shares traded. The stock had previously closed at $45.77.

Dimensional US Core Equity Market ETF Trading Down 0.4%

The company has a 50 day moving average price of $44.23 and a 200 day moving average price of $41.13. The firm has a market cap of $9.22 billion, a PE ratio of 23.25 and a beta of 0.98.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DFAU. Brighton Jones LLC lifted its stake in Dimensional US Core Equity Market ETF by 11.0% in the 4th quarter. Brighton Jones LLC now owns 989,254 shares of the company’s stock valued at $40,055,000 after buying an additional 98,296 shares in the last quarter. Aegis Wealth Management LLC purchased a new stake in Dimensional US Core Equity Market ETF in the 4th quarter valued at approximately $6,018,000. SpringVest Wealth Management LLC purchased a new stake in Dimensional US Core Equity Market ETF in the 4th quarter valued at approximately $3,889,000. Tableaux LLC purchased a new stake in Dimensional US Core Equity Market ETF in the 4th quarter valued at approximately $4,798,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Dimensional US Core Equity Market ETF by 17.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,013,247 shares of the company’s stock valued at $41,026,000 after buying an additional 152,808 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.