Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sets New 52-Week High – Still a Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) hit a new 52-week high on Thursday . The stock traded as high as $84.98 and last traded at $84.90, with a volume of 19674 shares changing hands. The stock had previously closed at $84.56.

Dimensional U.S. Equity ETF Stock Down 0.2%

The firm has a market capitalization of $21.73 billion, a PE ratio of 24.45 and a beta of 1.01. The stock has a 50-day simple moving average of $81.93 and a 200-day simple moving average of $78.08.

Institutional Investors Weigh In On Dimensional U.S. Equity ETF

Several large investors have recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new stake in Dimensional U.S. Equity ETF in the 4th quarter valued at about $25,000. Winnow Wealth LLC bought a new position in Dimensional U.S. Equity ETF during the fourth quarter worth about $26,000. Dunhill Financial LLC purchased a new position in shares of Dimensional U.S. Equity ETF in the fourth quarter worth about $33,000. Abound Financial LLC purchased a new position in shares of Dimensional U.S. Equity ETF in the fourth quarter worth about $34,000. Finally, Fairscale Capital LLC increased its stake in shares of Dimensional U.S. Equity ETF by 27.9% in the fourth quarter. Fairscale Capital LLC now owns 651 shares of the company’s stock worth $48,000 after purchasing an additional 142 shares in the last quarter.

Dimensional U.S. Equity ETF Company Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.