Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Hits New 52-Week High – Still a Buy?

Shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) reached a new 52-week high during trading on Wednesday . The stock traded as high as $48.40 and last traded at $48.39, with a volume of 503862 shares trading hands. The stock had previously closed at $48.05.

Dimensional US Core Equity Market ETF Stock Up 0.6%

The firm has a market capitalization of $11.00 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00. The firm’s 50 day moving average is $46.63 and its 200 day moving average is $46.66.

Institutional Trading of Dimensional US Core Equity Market ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC lifted its stake in Dimensional US Core Equity Market ETF by 1.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 7,125,424 shares of the company’s stock valued at $333,470,000 after purchasing an additional 118,187 shares during the last quarter. RVW Wealth LLC raised its holdings in shares of Dimensional US Core Equity Market ETF by 0.3% during the fourth quarter. RVW Wealth LLC now owns 4,512,375 shares of the company’s stock valued at $211,179,000 after acquiring an additional 13,137 shares during the period. Sageworth Trust Co raised its holdings in shares of Dimensional US Core Equity Market ETF by 4,798.5% during the fourth quarter. Sageworth Trust Co now owns 4,504,629 shares of the company’s stock valued at $210,817,000 after acquiring an additional 4,412,669 shares during the period. OneDigital Investment Advisors LLC raised its holdings in shares of Dimensional US Core Equity Market ETF by 6.0% during the third quarter. OneDigital Investment Advisors LLC now owns 3,994,457 shares of the company’s stock valued at $182,786,000 after acquiring an additional 227,398 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Dimensional US Core Equity Market ETF by 4.6% during the third quarter. Allworth Financial LP now owns 3,989,254 shares of the company’s stock valued at $182,548,000 after acquiring an additional 175,456 shares during the period.

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.