Dimensional US Real Estate ETF (NYSEARCA:DFAR) Reaches New 52-Week High – Should You Buy?

Dimensional US Real Estate ETF (NYSEARCA:DFARGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $27.43 and last traded at $27.42, with a volume of 217596 shares traded. The stock had previously closed at $26.83.

Dimensional US Real Estate ETF Trading Up 2.2%

The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 31.45 and a beta of 0.90. The stock’s 50 day moving average is $26.27 and its 200 day moving average is $25.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DFAR. Sei Investments Co. acquired a new stake in Dimensional US Real Estate ETF in the second quarter worth about $528,000. Raymond James Financial Inc. lifted its stake in shares of Dimensional US Real Estate ETF by 3.1% in the 2nd quarter. Raymond James Financial Inc. now owns 368,959 shares of the company’s stock worth $8,656,000 after acquiring an additional 10,938 shares during the period. Bank of America Corp DE bought a new position in shares of Dimensional US Real Estate ETF in the second quarter valued at approximately $1,788,000. MML Investors Services LLC increased its stake in shares of Dimensional US Real Estate ETF by 17.3% during the second quarter. MML Investors Services LLC now owns 113,168 shares of the company’s stock valued at $2,655,000 after acquiring an additional 16,686 shares during the period. Finally, Orion Porfolio Solutions LLC acquired a new position in shares of Dimensional US Real Estate ETF during the second quarter valued at approximately $273,000.

About Dimensional US Real Estate ETF

(Get Free Report)

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.

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