Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Sets New 1-Year High – Here’s Why

Shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) reached a new 52-week high on Wednesday . The stock traded as high as $40.97 and last traded at $40.97, with a volume of 740 shares. The stock had previously closed at $39.96.

Dimensional US Core Equity Market ETF Price Performance

The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 22.05 and a beta of 1.02. The firm’s fifty day moving average is $39.44 and its two-hundred day moving average is $37.99.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DFAU. Montag A & Associates Inc. acquired a new stake in Dimensional US Core Equity Market ETF during the 1st quarter worth about $37,000. DiNuzzo Private Wealth Inc. bought a new stake in Dimensional US Core Equity Market ETF during the third quarter worth approximately $72,000. Asset Dedication LLC boosted its position in Dimensional US Core Equity Market ETF by 2,250.5% during the third quarter. Asset Dedication LLC now owns 2,139 shares of the company’s stock worth $85,000 after purchasing an additional 2,048 shares during the period. Kings Path Partners LLC bought a new stake in shares of Dimensional US Core Equity Market ETF in the second quarter valued at approximately $92,000. Finally, Oliver Lagore Vanvalin Investment Group boosted its position in shares of Dimensional US Core Equity Market ETF by 39.6% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 2,987 shares of the company’s stock valued at $112,000 after acquiring an additional 847 shares during the period.

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.