Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Sets New 52-Week High – Here’s Why

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) hit a new 52-week high on Wednesday . The company traded as high as $50.06 and last traded at $49.97, with a volume of 636925 shares trading hands. The stock had previously closed at $49.53.

Dimensional US Core Equity Market ETF Price Performance

The firm’s fifty day moving average is $47.03 and its two-hundred day moving average is $46.97. The firm has a market cap of $11.49 billion, a price-to-earnings ratio of 23.25 and a beta of 1.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tradewinds Capital Management LLC bought a new stake in Dimensional US Core Equity Market ETF during the fourth quarter worth approximately $38,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Dimensional US Core Equity Market ETF during the 1st quarter valued at $43,000. UMB Bank n.a. bought a new stake in shares of Dimensional US Core Equity Market ETF in the 4th quarter worth $43,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Dimensional US Core Equity Market ETF in the fourth quarter valued at $70,000. Finally, SJS Investment Consulting Inc. boosted its stake in Dimensional US Core Equity Market ETF by 33.6% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $74,000 after buying an additional 410 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.