Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sets New 52-Week High – Should You Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $75.79 and last traded at $75.7950, with a volume of 305369 shares traded. The stock had previously closed at $75.67.

Dimensional U.S. Equity ETF Price Performance

The company has a market cap of $18.55 billion, a PE ratio of 24.45 and a beta of 1.01. The company’s fifty day moving average price is $73.94 and its 200 day moving average price is $71.64.

Institutional Investors Weigh In On Dimensional U.S. Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. Maseco LLP bought a new position in Dimensional U.S. Equity ETF in the second quarter valued at about $529,336,000. Prudential Financial Inc. lifted its stake in shares of Dimensional U.S. Equity ETF by 6.0% in the 2nd quarter. Prudential Financial Inc. now owns 45,111,138 shares of the company’s stock valued at $2,880,797,000 after purchasing an additional 2,543,644 shares during the last quarter. Root Financial Partners LLC boosted its stake in shares of Dimensional U.S. Equity ETF by 47.4% during the 3rd quarter. Root Financial Partners LLC now owns 4,561,445 shares of the company’s stock worth $330,431,000 after purchasing an additional 1,466,016 shares during the period. Vise Technologies Inc. purchased a new stake in shares of Dimensional U.S. Equity ETF in the third quarter worth approximately $97,353,000. Finally, Focus Partners Wealth boosted its stake in shares of Dimensional U.S. Equity ETF by 13.8% during the third quarter. Focus Partners Wealth now owns 9,198,125 shares of the company’s stock valued at $667,584,000 after purchasing an additional 1,113,200 shares during the period.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.