Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Hits New 1-Year High – What’s Next?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $29.20 and last traded at $29.12, with a volume of 9874 shares traded. The stock had previously closed at $28.94.

Dimensional Global Real Estate ETF Trading Down 0.2%

The company has a fifty day moving average price of $28.04 and a two-hundred day moving average price of $27.53. The firm has a market cap of $3.53 billion, a P/E ratio of 29.05 and a beta of 0.92.

Hedge Funds Weigh In On Dimensional Global Real Estate ETF

Several institutional investors and hedge funds have recently modified their holdings of DFGR. Signaturefd LLC acquired a new position in shares of Dimensional Global Real Estate ETF in the 4th quarter valued at approximately $38,000. Fifth Third Bancorp acquired a new position in Dimensional Global Real Estate ETF in the 4th quarter worth $46,000. Nalls Sherbakoff Group LLC acquired a new position in Dimensional Global Real Estate ETF in the 4th quarter worth $50,000. Redwood Park Advisors LLC boosted its stake in Dimensional Global Real Estate ETF by 148.9% in the 4th quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock worth $50,000 after purchasing an additional 1,130 shares during the period. Finally, Western Wealth Management LLC bought a new stake in shares of Dimensional Global Real Estate ETF in the first quarter valued at about $53,000.

About Dimensional Global Real Estate ETF

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.