Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 12-Month High – Here’s Why

Dimensional Global Real Estate ETF (NYSEARCA:DFGR) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $29.29 and last traded at $29.29, with a volume of 34522 shares trading hands. The stock had previously closed at $29.02.

Dimensional Global Real Estate ETF Stock Performance

The stock’s 50 day simple moving average is $28.49 and its two-hundred day simple moving average is $27.66. The firm has a market capitalization of $3.56 billion, a PE ratio of 29.05 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional Global Real Estate ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC grew its holdings in Dimensional Global Real Estate ETF by 1.4% in the 1st quarter. Private Advisor Group LLC now owns 25,610 shares of the company’s stock valued at $681,000 after buying an additional 363 shares in the last quarter. MB Generational Wealth LLC raised its holdings in shares of Dimensional Global Real Estate ETF by 1.7% during the 1st quarter. MB Generational Wealth LLC now owns 24,744 shares of the company’s stock worth $658,000 after acquiring an additional 406 shares during the period. Abacus Wealth Partners LLC boosted its position in shares of Dimensional Global Real Estate ETF by 1.8% during the 4th quarter. Abacus Wealth Partners LLC now owns 27,305 shares of the company’s stock valued at $721,000 after acquiring an additional 476 shares during the last quarter. Two West Capital Advisors LLC grew its holdings in shares of Dimensional Global Real Estate ETF by 4.1% in the fourth quarter. Two West Capital Advisors LLC now owns 13,196 shares of the company’s stock valued at $349,000 after purchasing an additional 516 shares during the period. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of Dimensional Global Real Estate ETF by 0.5% in the first quarter. Chicago Partners Investment Group LLC now owns 102,694 shares of the company’s stock valued at $2,910,000 after purchasing an additional 536 shares during the period.

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.