Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Sets New 1-Year High – Time to Buy?

Shares of Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) hit a new 52-week high during trading on Friday . The stock traded as high as $32.08 and last traded at $32.08, with a volume of 158879 shares. The stock had previously closed at $31.92.

Dimensional Emerging Core Equity Market ETF Trading Up 0.2%

The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 14.98 and a beta of 0.59. The stock’s 50 day moving average is $30.51 and its 200 day moving average is $28.37.

Hedge Funds Weigh In On Dimensional Emerging Core Equity Market ETF

A number of large investors have recently made changes to their positions in DFAE. Brighton Jones LLC increased its position in Dimensional Emerging Core Equity Market ETF by 17.9% during the 4th quarter. Brighton Jones LLC now owns 487,353 shares of the company’s stock worth $12,364,000 after buying an additional 73,906 shares during the period. Disciplined Investments LLC raised its stake in Dimensional Emerging Core Equity Market ETF by 23.4% in the 1st quarter. Disciplined Investments LLC now owns 238,940 shares of the company’s stock worth $6,186,000 after purchasing an additional 45,376 shares in the last quarter. City State Bank boosted its holdings in Dimensional Emerging Core Equity Market ETF by 10.8% in the 1st quarter. City State Bank now owns 76,417 shares of the company’s stock valued at $1,978,000 after purchasing an additional 7,438 shares during the period. Towneley Capital Management Inc DE grew its position in shares of Dimensional Emerging Core Equity Market ETF by 3.3% during the 1st quarter. Towneley Capital Management Inc DE now owns 287,064 shares of the company’s stock worth $7,432,000 after purchasing an additional 9,214 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of Dimensional Emerging Core Equity Market ETF by 7.1% during the 1st quarter. Park Avenue Securities LLC now owns 701,051 shares of the company’s stock worth $18,150,000 after purchasing an additional 46,679 shares in the last quarter.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.