Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 1-Year High – Should You Buy?

Shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high during trading on Tuesday . The stock traded as high as $28.70 and last traded at $28.5640, with a volume of 25760 shares changing hands. The stock had previously closed at $28.21.

Dimensional Global Real Estate ETF Stock Up 0.5%

The stock has a 50-day simple moving average of $26.93 and a 200 day simple moving average of $27.06. The company has a market cap of $3.30 billion, a PE ratio of 29.05 and a beta of 0.96.

Hedge Funds Weigh In On Dimensional Global Real Estate ETF

A number of hedge funds have recently made changes to their positions in DFGR. Brighton Jones LLC boosted its position in shares of Dimensional Global Real Estate ETF by 14.1% during the fourth quarter. Brighton Jones LLC now owns 1,997,000 shares of the company’s stock worth $51,003,000 after buying an additional 246,429 shares during the period. AQR Capital Management LLC boosted its holdings in Dimensional Global Real Estate ETF by 9.8% in the first quarter. AQR Capital Management LLC now owns 22,327 shares of the company’s stock valued at $586,000 after purchasing an additional 1,984 shares during the period. Grunden Financial Advisory Inc. grew its stake in Dimensional Global Real Estate ETF by 10.8% during the 2nd quarter. Grunden Financial Advisory Inc. now owns 10,431 shares of the company’s stock worth $280,000 after purchasing an additional 1,019 shares in the last quarter. Jackson Thornton Wealth Management LLC increased its holdings in Dimensional Global Real Estate ETF by 3.7% during the 2nd quarter. Jackson Thornton Wealth Management LLC now owns 19,415 shares of the company’s stock worth $520,000 after purchasing an additional 698 shares during the period. Finally, D.A. Davidson & CO. raised its position in Dimensional Global Real Estate ETF by 3.9% in the 2nd quarter. D.A. Davidson & CO. now owns 74,557 shares of the company’s stock valued at $2,000,000 after purchasing an additional 2,775 shares in the last quarter.

Dimensional Global Real Estate ETF Company 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.