Envestnet Asset Management Inc. Cuts Stock Holdings in Dimensional US Real Estate ETF $DFAR

Envestnet Asset Management Inc. reduced its position in Dimensional US Real Estate ETF (NYSEARCA:DFAR) by 10.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,329 shares of the company’s stock after selling 16,166 shares during the period. Envestnet Asset Management Inc. owned about 0.23% of Dimensional US Real Estate ETF worth $3,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. increased its holdings in Dimensional US Real Estate ETF by 117.2% in the second quarter. Kathleen S. Wright Associates Inc. now owns 2,335 shares of the company’s stock valued at $55,000 after buying an additional 1,260 shares in the last quarter. Maseco LLP purchased a new stake in shares of Dimensional US Real Estate ETF during the 2nd quarter worth about $101,000. Farther Finance Advisors LLC increased its stake in shares of Dimensional US Real Estate ETF by 22.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,707 shares of the company’s stock valued at $134,000 after purchasing an additional 1,062 shares in the last quarter. Signature Estate & Investment Advisors LLC purchased a new position in shares of Dimensional US Real Estate ETF in the 2nd quarter valued at about $206,000. Finally, XY Planning Network Inc. purchased a new position in shares of Dimensional US Real Estate ETF in the 2nd quarter valued at about $213,000.

Dimensional US Real Estate ETF Trading Up 0.4%

Shares of DFAR stock opened at $23.43 on Friday. Dimensional US Real Estate ETF has a 12-month low of $20.32 and a 12-month high of $25.92. The business’s 50 day moving average is $23.66 and its two-hundred day moving average is $23.56. The company has a market capitalization of $1.38 billion, a P/E ratio of 31.45 and a beta of 0.94.

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.