Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Reaches New 52-Week High – Here’s What Happened

Dimensional U.S. Equity ETF (NYSEARCA:DFUS)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $83.31 and last traded at $83.29, with a volume of 11480 shares traded. The stock had previously closed at $82.79.

Dimensional U.S. Equity ETF Stock Up 1.4%

The company’s 50-day moving average price is $81.50 and its 200-day moving average price is $77.51. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 24.45 and a beta of 1.01.

Hedge Funds Weigh In On Dimensional U.S. Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Heck Capital Advisors LLC grew its stake in shares of Dimensional U.S. Equity ETF by 131.3% in the second quarter. Heck Capital Advisors LLC now owns 77,208 shares of the company’s stock worth $6,326,000 after acquiring an additional 43,822 shares in the last quarter. Mendota Financial Group LLC raised its stake in shares of Dimensional U.S. Equity ETF by 12.3% in the second quarter. Mendota Financial Group LLC now owns 276,311 shares of the company’s stock valued at $22,641,000 after acquiring an additional 30,292 shares in the last quarter. Kraft Davis & Associates LLC boosted its holdings in Dimensional U.S. Equity ETF by 1.2% in the second quarter. Kraft Davis & Associates LLC now owns 184,603 shares of the company’s stock valued at $15,021,000 after purchasing an additional 2,109 shares during the period. Wealthcare Capital Management LLC grew its stake in Dimensional U.S. Equity ETF by 10.0% during the 2nd quarter. Wealthcare Capital Management LLC now owns 7,674 shares of the company’s stock worth $629,000 after purchasing an additional 697 shares in the last quarter. Finally, Great Waters Wealth Management grew its stake in Dimensional U.S. Equity ETF by 4.1% during the 2nd quarter. Great Waters Wealth Management now owns 2,934,668 shares of the company’s stock worth $240,467,000 after purchasing an additional 116,765 shares in the last quarter.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.