Dimensional US Real Estate ETF (NYSEARCA:DFAR) Hits New 12-Month High – What’s Next?

Shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR) reached a new 52-week high during trading on Tuesday . The stock traded as high as $25.11 and last traded at $25.0090, with a volume of 15787 shares trading hands. The stock had previously closed at $24.96.

Dimensional US Real Estate ETF Price Performance

The business has a 50 day simple moving average of $23.48 and a 200 day simple moving average of $23.53. The stock has a market cap of $1.59 billion, a PE ratio of 31.45 and a beta of 0.94.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Focus Partners Wealth lifted its holdings in Dimensional US Real Estate ETF by 3.3% during the 4th quarter. Focus Partners Wealth now owns 3,803,617 shares of the company’s stock valued at $87,107,000 after purchasing an additional 120,720 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Dimensional US Real Estate ETF by 8.3% during the fourth quarter. HighTower Advisors LLC now owns 2,575,478 shares of the company’s stock valued at $58,982,000 after acquiring an additional 196,432 shares during the period. Prudential Financial Inc. lifted its position in Dimensional US Real Estate ETF by 6.3% during the 2nd quarter. Prudential Financial Inc. now owns 2,489,800 shares of the company’s stock valued at $58,411,000 after purchasing an additional 147,000 shares during the period. Elwood & Goetz Wealth Advisory Group LLC grew its holdings in Dimensional US Real Estate ETF by 8.1% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 2,375,621 shares of the company’s stock worth $54,405,000 after acquiring an additional 177,099 shares during the period. Finally, Root Financial Partners LLC increased its holdings in Dimensional US Real Estate ETF by 20.6% in the fourth quarter. Root Financial Partners LLC now owns 1,909,269 shares of the company’s stock valued at $43,725,000 after purchasing an additional 326,780 shares during the last quarter.

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.