Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Sets New 52-Week Low – What’s Next?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) shares reached a new 52-week low on Thursday . The stock traded as low as $56.67 and last traded at $57.03, with a volume of 767891 shares traded. The stock had previously closed at $60.88.

Dimensional U.S. Small Cap ETF Stock Down 4.5 %

The company has a market cap of $8.34 billion, a P/E ratio of 15.09 and a beta of 1.06. The firm’s 50-day moving average price is $63.28 and its 200-day moving average price is $65.38.

Dimensional U.S. Small Cap ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.1326 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Hedge Funds Weigh In On Dimensional U.S. Small Cap ETF

A number of large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in Dimensional U.S. Small Cap ETF by 8.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 193,950 shares of the company’s stock worth $12,580,000 after purchasing an additional 15,176 shares during the period. FMR LLC boosted its position in shares of Dimensional U.S. Small Cap ETF by 73.5% in the third quarter. FMR LLC now owns 5,463 shares of the company’s stock valued at $354,000 after acquiring an additional 2,314 shares during the period. Safeguard Financial LLC purchased a new position in Dimensional U.S. Small Cap ETF during the fourth quarter valued at approximately $236,000. Hiley Hunt Wealth Management increased its holdings in Dimensional U.S. Small Cap ETF by 8.3% during the 3rd quarter. Hiley Hunt Wealth Management now owns 54,532 shares of the company’s stock worth $3,537,000 after acquiring an additional 4,192 shares during the period. Finally, Dopkins Wealth Management LLC lifted its stake in Dimensional U.S. Small Cap ETF by 57.3% in the 4th quarter. Dopkins Wealth Management LLC now owns 47,255 shares of the company’s stock worth $3,075,000 after purchasing an additional 17,209 shares in the last quarter.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.