Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 12-Month High – Time to Buy?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR) hit a new 52-week high during trading on Friday . The company traded as high as $28.95 and last traded at $28.95, with a volume of 68547 shares trading hands. The stock had previously closed at $28.58.

Dimensional Global Real Estate ETF Stock Up 1.4%

The business’s 50-day simple moving average is $27.75 and its 200 day simple moving average is $27.23. The firm has a market capitalization of $3.51 billion, a P/E ratio of 29.05 and a beta of 0.93.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AdvisorNet Financial Inc grew its position in Dimensional Global Real Estate ETF by 6.0% during the first quarter. AdvisorNet Financial Inc now owns 215,422 shares of the company’s stock valued at $5,726,000 after acquiring an additional 12,179 shares during the last quarter. Brookstone Capital Management bought a new position in shares of Dimensional Global Real Estate ETF in the first quarter worth approximately $317,000. Capstone Wealth Management LLC grew its holdings in shares of Dimensional Global Real Estate ETF by 15.4% in the first quarter. Capstone Wealth Management LLC now owns 21,559 shares of the company’s stock worth $573,000 after purchasing an additional 2,885 shares during the last quarter. Tactive Advisors LLC grew its holdings in shares of Dimensional Global Real Estate ETF by 2.8% in the first quarter. Tactive Advisors LLC now owns 59,015 shares of the company’s stock worth $1,569,000 after purchasing an additional 1,589 shares during the last quarter. Finally, Sprinkle Financial Consultants LLC grew its holdings in shares of Dimensional Global Real Estate ETF by 5.4% in the first quarter. Sprinkle Financial Consultants LLC now owns 375,364 shares of the company’s stock worth $9,977,000 after purchasing an additional 19,171 shares during the last quarter.

Dimensional Global Real Estate ETF Company Profile

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.