Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIP) Hits New 12-Month Low – Here’s What Happened

Shares of Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIPGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $40.42 and last traded at $40.42, with a volume of 40403 shares traded. The stock had previously closed at $40.44.

Dimensional Inflation-Protected Securities ETF Trading Down 0.0%

The business’s 50 day moving average price is $41.42 and its 200-day moving average price is $41.76.

Hedge Funds Weigh In On Dimensional Inflation-Protected Securities ETF

A number of large investors have recently modified their holdings of the business. Royal Bank of Canada lifted its holdings in shares of Dimensional Inflation-Protected Securities ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 15,742 shares of the company’s stock valued at $663,000 after buying an additional 1,230 shares during the period. NewEdge Advisors LLC grew its holdings in Dimensional Inflation-Protected Securities ETF by 14.2% during the first quarter. NewEdge Advisors LLC now owns 31,474 shares of the company’s stock worth $1,325,000 after acquiring an additional 3,902 shares during the period. Jones Financial Companies Lllp purchased a new position in Dimensional Inflation-Protected Securities ETF in the first quarter worth $121,000. Goldman Sachs Group Inc. raised its position in Dimensional Inflation-Protected Securities ETF by 60.6% in the first quarter. Goldman Sachs Group Inc. now owns 118,619 shares of the company’s stock worth $4,995,000 after acquiring an additional 44,757 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Dimensional Inflation-Protected Securities ETF in the first quarter valued at $370,000.

About Dimensional Inflation-Protected Securities ETF

(Get Free Report)

The Dimensional Inflation-Protected Securities ETF (DFIP) is an exchange-traded fund that is based on the Bloomberg U.S. TIPS index. The fund is an actively-managed fund that holds US government 5-20 year inflation-protected bonds. DFIP was launched on Dec 15, 2021 and is managed by Dimensional.

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