Dimensional US Real Estate ETF (NYSEARCA:DFAR) Reaches New 52-Week High – What’s Next?

Shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $26.38 and last traded at $26.19, with a volume of 3363687 shares. The stock had previously closed at $26.27.

Dimensional US Real Estate ETF Stock Performance

The firm has a fifty day simple moving average of $25.04 and a 200-day simple moving average of $24.21. The company has a market capitalization of $1.72 billion, a PE ratio of 31.45 and a beta of 0.93.

Institutional Investors Weigh In On Dimensional US Real Estate ETF

A number of institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors bought a new stake in shares of Dimensional US Real Estate ETF in the 1st quarter valued at approximately $863,000. Quantinno Capital Management LP increased its holdings in shares of Dimensional US Real Estate ETF by 23.8% in the 1st quarter. Quantinno Capital Management LP now owns 24,652 shares of the company’s stock valued at $583,000 after acquiring an additional 4,744 shares during the last quarter. Cardiff Park Advisors LLC increased its holdings in shares of Dimensional US Real Estate ETF by 13.6% in the 1st quarter. Cardiff Park Advisors LLC now owns 21,984 shares of the company’s stock valued at $520,000 after acquiring an additional 2,628 shares during the last quarter. Broadhurst Jeffrey B bought a new stake in shares of Dimensional US Real Estate ETF in the 1st quarter valued at approximately $1,578,000. Finally, Sei Investments Co. increased its holdings in shares of Dimensional US Real Estate ETF by 32.9% in the 1st quarter. Sei Investments Co. now owns 37,169 shares of the company’s stock valued at $879,000 after acquiring an additional 9,205 shares during the last quarter.

About Dimensional US Real Estate ETF

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.