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

Dimensional US Real Estate ETF (NYSEARCA:DFAR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $26.42 and last traded at $26.36, with a volume of 1310911 shares changing hands. The stock had previously closed at $25.80.

Dimensional US Real Estate ETF Stock Performance

The firm has a market cap of $1.73 billion, a P/E ratio of 31.45 and a beta of 0.91. The company has a 50 day moving average of $25.35 and a 200 day moving average of $24.34.

Institutional Investors Weigh In On Dimensional US Real Estate ETF

Several large investors have recently made changes to their positions in the company. DBK Financial Counsel LLC grew its stake in shares of Dimensional US Real Estate ETF by 8.8% in the 1st quarter. DBK Financial Counsel LLC now owns 28,043 shares of the company’s stock valued at $663,000 after buying an additional 2,273 shares in the last quarter. 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 grew its stake 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 buying an additional 4,744 shares in the last quarter. Cardiff Park Advisors LLC grew its stake 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 buying an additional 2,628 shares in the last quarter. Finally, 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.

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.