Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Hits New 1-Year High – Should You Buy?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high during trading on Friday . The stock traded as high as $28.90 and last traded at $28.89, with a volume of 24935 shares changing hands. The stock had previously closed at $28.75.

Dimensional Global Real Estate ETF Stock Up 0.1%

The firm’s 50 day simple moving average is $27.30 and its 200-day simple moving average is $27.18. The company has a market capitalization of $3.31 billion, a PE ratio of 29.05 and a beta of 0.96.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DFGR. HHM Wealth Advisors LLC purchased a new position in Dimensional Global Real Estate ETF in the 3rd quarter worth approximately $26,000. CNB Bank acquired a new position in shares of Dimensional Global Real Estate ETF in the 3rd quarter worth approximately $33,000. Signaturefd LLC bought a new stake in shares of Dimensional Global Real Estate ETF in the 4th quarter valued at approximately $38,000. Fifth Third Bancorp acquired a new stake in shares of Dimensional Global Real Estate ETF during the 4th quarter valued at approximately $46,000. Finally, Redwood Park Advisors LLC lifted its stake in Dimensional Global Real Estate ETF by 148.9% during the fourth quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock worth $50,000 after purchasing an additional 1,130 shares during the last quarter.

Dimensional Global Real Estate ETF Company Profile

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.