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

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $46.02 and last traded at $45.96, with a volume of 539498 shares. The stock had previously closed at $45.77.

Dimensional US Core Equity Market ETF Stock Down 0.4%

The stock has a fifty day moving average of $44.23 and a 200-day moving average of $41.13. The stock has a market cap of $9.22 billion, a PE ratio of 23.25 and a beta of 0.98.

Hedge Funds Weigh In On Dimensional US Core Equity Market ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DFAU. Abacus Planning Group Inc. purchased a new stake in Dimensional US Core Equity Market ETF in the 2nd quarter valued at approximately $114,778,000. Elser Financial Planning Inc purchased a new stake in Dimensional US Core Equity Market ETF in the 2nd quarter valued at approximately $86,230,000. Liberty Wealth Management LLC boosted its holdings in Dimensional US Core Equity Market ETF by 237.1% in the 1st quarter. Liberty Wealth Management LLC now owns 2,539,422 shares of the company’s stock valued at $97,615,000 after purchasing an additional 1,786,072 shares in the last quarter. Hemington Wealth Management boosted its holdings in Dimensional US Core Equity Market ETF by 290.0% in the 1st quarter. Hemington Wealth Management now owns 2,234,748 shares of the company’s stock valued at $85,903,000 after purchasing an additional 1,661,682 shares in the last quarter. Finally, RVW Wealth LLC boosted its holdings in Dimensional US Core Equity Market ETF by 56.1% in the 2nd quarter. RVW Wealth LLC now owns 4,331,669 shares of the company’s stock valued at $183,489,000 after purchasing an additional 1,557,053 shares in the last quarter.

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.