Summit Wealth Group LLC Co. Invests $4.39 Million in Dimensional US Real Estate ETF $DFAR

Summit Wealth Group LLC Co. bought a new position in shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 191,499 shares of the company’s stock, valued at approximately $4,386,000. Dimensional US Real Estate ETF comprises approximately 0.6% of Summit Wealth Group LLC Co.’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds also recently modified their holdings of the stock. Timonier Family Office LTD. raised its stake in Dimensional US Real Estate ETF by 5.9% in the 4th quarter. Timonier Family Office LTD. now owns 406,986 shares of the company’s stock worth $9,320,000 after purchasing an additional 22,608 shares in the last quarter. Ballast Rock Private Wealth LLC acquired a new stake in Dimensional US Real Estate ETF in the 4th quarter worth about $256,000. LRI Investments LLC raised its stake in Dimensional US Real Estate ETF by 35.3% in the 4th quarter. LRI Investments LLC now owns 352,787 shares of the company’s stock worth $8,079,000 after purchasing an additional 92,110 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new stake in Dimensional US Real Estate ETF in the 4th quarter worth about $3,800,000. Finally, Sequoia Financial Advisors LLC raised its stake in Dimensional US Real Estate ETF by 5.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 687,487 shares of the company’s stock worth $15,744,000 after purchasing an additional 34,614 shares in the last quarter.

Dimensional US Real Estate ETF Stock Up 0.2%

Shares of Dimensional US Real Estate ETF stock opened at $26.01 on Wednesday. Dimensional US Real Estate ETF has a twelve month low of $22.65 and a twelve month high of $26.16. The company has a 50-day simple moving average of $24.80 and a two-hundred day simple moving average of $24.02. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 31.45 and a beta of 0.93.

Dimensional US Real Estate ETF Company Profile

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.