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

Dimensional Global Real Estate ETF (NYSEARCA:DFGR)’s stock price hit a new 52-week high on Friday . The company traded as high as $30.20 and last traded at $30.20, with a volume of 80933 shares traded. The stock had previously closed at $29.68.

Dimensional Global Real Estate ETF Stock Up 1.9%

The company has a market capitalization of $3.90 billion, a PE ratio of 29.05 and a beta of 0.88. The company’s 50 day moving average is $29.10 and its two-hundred day moving average is $28.21.

Institutional Investors Weigh In On Dimensional Global Real Estate ETF

Large investors have recently made changes to their positions in the company. Savant Capital LLC lifted its position in shares of Dimensional Global Real Estate ETF by 23.7% in the fourth quarter. Savant Capital LLC now owns 10,439,385 shares of the company’s stock worth $275,809,000 after buying an additional 1,997,764 shares in the last quarter. Forum Financial Management LP grew its holdings in Dimensional Global Real Estate ETF by 7.7% during the 4th quarter. Forum Financial Management LP now owns 16,638,902 shares of the company’s stock valued at $439,600,000 after buying an additional 1,187,688 shares in the last quarter. Guardian Wealth Management LLC bought a new stake in Dimensional Global Real Estate ETF in the 4th quarter worth approximately $23,077,000. Financial Plan Inc. bought a new stake in Dimensional Global Real Estate ETF in the 4th quarter worth approximately $22,493,000. Finally, Arax Advisory Partners purchased a new stake in shares of Dimensional Global Real Estate ETF during the 4th quarter worth approximately $19,738,000.

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.