Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 12-Month High – What’s Next?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) hit a new 52-week high during trading on Tuesday . The stock traded as high as $50.94 and last traded at $50.82, with a volume of 687923 shares traded. The stock had previously closed at $50.75.

Dimensional US Core Equity Market ETF Stock Performance

The company has a 50-day simple moving average of $47.27 and a 200 day simple moving average of $47.11. The company has a market capitalization of $11.68 billion, a P/E ratio of 23.25 and a beta of 1.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC increased its position in shares of Dimensional US Core Equity Market ETF by 11.0% during the fourth quarter. Brighton Jones LLC now owns 989,254 shares of the company’s stock valued at $40,055,000 after purchasing an additional 98,296 shares during the period. Royal Bank of Canada lifted its position in Dimensional US Core Equity Market ETF by 4.7% in the first quarter. Royal Bank of Canada now owns 219,696 shares of the company’s stock worth $8,446,000 after purchasing an additional 9,918 shares during the period. AQR Capital Management LLC boosted its stake in Dimensional US Core Equity Market ETF by 24.8% during the first quarter. AQR Capital Management LLC now owns 69,878 shares of the company’s stock worth $2,686,000 after buying an additional 13,895 shares in the last quarter. Jane Street Group LLC acquired a new stake in Dimensional US Core Equity Market ETF during the first quarter worth $2,576,000. Finally, Cerity Partners LLC increased its holdings in Dimensional US Core Equity Market ETF by 3.1% in the 2nd quarter. Cerity Partners LLC now owns 168,580 shares of the company’s stock valued at $7,141,000 after buying an additional 5,140 shares during the period.

Dimensional US Core Equity Market ETF Company Profile

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.