Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Hits New 52-Week High – Here’s Why

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $78.09 and last traded at $78.08, with a volume of 224432 shares changing hands. The stock had previously closed at $77.43.

Dimensional U.S. Equity ETF Trading Up 1.1%

The firm’s 50-day moving average price is $73.91 and its 200-day moving average price is $74.09. The stock has a market capitalization of $19.83 billion, a PE ratio of 24.45 and a beta of 1.01.

Institutional Trading of Dimensional U.S. Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new stake in Dimensional U.S. Equity ETF in the 4th quarter worth about $25,000. Winnow Wealth LLC purchased a new stake in Dimensional U.S. Equity ETF in the 4th quarter worth about $26,000. Dunhill Financial LLC purchased a new stake in Dimensional U.S. Equity ETF in the 4th quarter worth about $33,000. Abound Financial LLC purchased a new stake in Dimensional U.S. Equity ETF in the 4th quarter worth about $34,000. Finally, Sound Income Strategies LLC purchased a new stake in Dimensional U.S. Equity ETF in the 4th quarter worth about $38,000.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.