Dimensional US Real Estate ETF (NYSEARCA:DFAR) Hits New 52-Week High – Here’s What Happened

Dimensional US Real Estate ETF (NYSEARCA:DFAR)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $25.56 and last traded at $25.49, with a volume of 67996 shares changing hands. The stock had previously closed at $25.40.

Dimensional US Real Estate ETF Stock Performance

The company’s 50-day moving average is $24.56 and its 200-day moving average is $23.81. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 31.45 and a beta of 0.92.

Hedge Funds Weigh In On Dimensional US Real Estate ETF

A number of institutional investors have recently modified their holdings of DFAR. Focus Partners Wealth raised its position in Dimensional US Real Estate ETF by 3.3% in the 4th quarter. Focus Partners Wealth now owns 3,803,617 shares of the company’s stock worth $87,107,000 after purchasing an additional 120,720 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Dimensional US Real Estate ETF by 8.3% during the fourth quarter. HighTower Advisors LLC now owns 2,575,478 shares of the company’s stock valued at $58,982,000 after acquiring an additional 196,432 shares during the period. Elwood & Goetz Wealth Advisory Group LLC lifted its stake in shares of Dimensional US Real Estate ETF by 8.1% during the fourth quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 2,375,621 shares of the company’s stock valued at $54,405,000 after acquiring an additional 177,099 shares during the period. Root Financial Partners LLC boosted its holdings in Dimensional US Real Estate ETF by 20.6% in the fourth quarter. Root Financial Partners LLC now owns 1,909,269 shares of the company’s stock valued at $43,725,000 after acquiring an additional 326,780 shares during the last quarter. Finally, Vise Technologies Inc. boosted its holdings in Dimensional US Real Estate ETF by 292.6% in the fourth quarter. Vise Technologies Inc. now owns 1,696,565 shares of the company’s stock valued at $38,853,000 after acquiring an additional 1,264,461 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.