Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sets New 1-Year High – Time to Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) hit a new 52-week high during trading on Thursday . The company traded as high as $67.37 and last traded at $67.34, with a volume of 485261 shares changing hands. The stock had previously closed at $67.01.

Dimensional U.S. Equity ETF Stock Up 0.5%

The firm has a market capitalization of $15.59 billion, a price-to-earnings ratio of 24.45 and a beta of 1.02. The stock’s 50-day moving average price is $63.70 and its 200 day moving average price is $63.04.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Helen Stephens Group LLC lifted its stake in shares of Dimensional U.S. Equity ETF by 16.4% in the 2nd quarter. Helen Stephens Group LLC now owns 695,585 shares of the company’s stock valued at $46,618,000 after purchasing an additional 97,886 shares during the last quarter. Porter White Investment Advisors Inc. acquired a new position in Dimensional U.S. Equity ETF in the first quarter valued at about $294,000. Mattson Financial Services LLC acquired a new position in Dimensional U.S. Equity ETF in the first quarter valued at about $190,000. Geneos Wealth Management Inc. boosted its stake in Dimensional U.S. Equity ETF by 21.3% during the first quarter. Geneos Wealth Management Inc. now owns 20,034 shares of the company’s stock worth $1,212,000 after buying an additional 3,521 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Dimensional U.S. Equity ETF during the first quarter valued at about $2,047,000.

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.