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

Shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $29.05 and last traded at $28.99, with a volume of 12458 shares. The stock had previously closed at $28.68.

Dimensional Global Real Estate ETF Stock Up 0.2%

The company’s fifty day simple moving average is $27.84 and its 200 day simple moving average is $27.37. The firm has a market capitalization of $3.53 billion, a PE ratio of 29.05 and a beta of 0.92.

Institutional Investors Weigh In On Dimensional Global Real Estate ETF

Hedge funds have recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in shares of Dimensional Global Real Estate ETF by 561.6% during the third quarter. Allworth Financial LP now owns 92,306 shares of the company’s stock valued at $2,521,000 after purchasing an additional 78,355 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Dimensional Global Real Estate ETF by 6.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 386,614 shares of the company’s stock worth $10,558,000 after buying an additional 24,986 shares during the last quarter. CogentBlue Wealth Advisors LLC lifted its stake in Dimensional Global Real Estate ETF by 42.2% during the 4th quarter. CogentBlue Wealth Advisors LLC now owns 245,059 shares of the company’s stock valued at $6,474,000 after acquiring an additional 72,754 shares during the period. Guardian Wealth Management LLC purchased a new stake in shares of Dimensional Global Real Estate ETF during the 4th quarter valued at about $23,077,000. Finally, AWM Capital LLC grew its stake in shares of Dimensional Global Real Estate ETF by 22.5% in the third quarter. AWM Capital LLC now owns 314,042 shares of the company’s stock worth $8,577,000 after acquiring an additional 57,780 shares during the period.

About Dimensional Global Real Estate ETF

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.