Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 52-Week High – Time to Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $41.91 and last traded at $41.91, with a volume of 831 shares traded. The stock had previously closed at $41.59.

Dimensional US Core Equity Market ETF Trading Up 0.4 %

The stock’s 50 day moving average is $40.18 and its two-hundred day moving average is $38.52. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 22.05 and a beta of 1.02.

Hedge Funds Weigh In On Dimensional US Core Equity Market ETF

A number of large investors have recently bought and sold shares of the company. Elser Financial Planning Inc acquired a new stake in shares of Dimensional US Core Equity Market ETF in the second quarter valued at about $62,652,000. Arista Wealth Management LLC raised its stake in shares of Dimensional US Core Equity Market ETF by 194.9% during the 2nd quarter. Arista Wealth Management LLC now owns 1,852,970 shares of the company’s stock worth $69,468,000 after purchasing an additional 1,224,616 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of Dimensional US Core Equity Market ETF in the 2nd quarter valued at approximately $43,396,000. Liberty Wealth Management LLC increased its holdings in Dimensional US Core Equity Market ETF by 163.0% during the second quarter. Liberty Wealth Management LLC now owns 1,773,543 shares of the company’s stock worth $66,490,000 after buying an additional 1,099,117 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in Dimensional US Core Equity Market ETF by 19.4% during the second quarter. Sequoia Financial Advisors LLC now owns 4,380,986 shares of the company’s stock worth $164,243,000 after acquiring an additional 712,064 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.