Platform Wealth Management LLC Takes Position in Dimensional Global Real Estate ETF $DFGR

Platform Wealth Management LLC bought a new stake in Dimensional Global Real Estate ETF (NYSEARCA:DFGR) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 193,518 shares of the company’s stock, valued at approximately $5,113,000. Dimensional Global Real Estate ETF accounts for approximately 1.4% of Platform Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC acquired a new position in Dimensional Global Real Estate ETF during the 4th quarter worth about $38,000. Fifth Third Bancorp acquired a new position in Dimensional Global Real Estate ETF during the 4th quarter worth about $46,000. Private Trust Co. NA lifted its position in Dimensional Global Real Estate ETF by 50.0% during the 4th quarter. Private Trust Co. NA now owns 3,000 shares of the company’s stock worth $79,000 after buying an additional 1,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Dimensional Global Real Estate ETF by 462.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,053 shares of the company’s stock worth $107,000 after buying an additional 3,333 shares in the last quarter. Finally, Washington Trust Advisors Inc. acquired a new position in Dimensional Global Real Estate ETF during the 3rd quarter worth about $153,000.

Dimensional Global Real Estate ETF Stock Down 0.3%

Shares of NYSEARCA DFGR opened at $28.33 on Thursday. The firm’s 50-day simple moving average is $28.18 and its 200 day simple moving average is $27.57. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 29.05 and a beta of 0.92. Dimensional Global Real Estate ETF has a 12-month low of $26.02 and a 12-month high of $29.24.

Dimensional Global Real Estate ETF Profile

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.