Dimensional US Real Estate ETF (NYSEARCA:DFAR) Sets New 12-Month High – Here’s What Happened

Dimensional US Real Estate ETF (NYSEARCA:DFAR) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $27.43 and last traded at $27.42, with a volume of 217596 shares. The stock had previously closed at $26.83.

Dimensional US Real Estate ETF Stock Performance

The firm has a market cap of $1.82 billion, a P/E ratio of 31.45 and a beta of 0.90. The firm’s fifty day moving average is $26.31 and its 200 day moving average is $25.11.

Institutional Investors Weigh In On Dimensional US Real Estate ETF

Several hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC bought a new stake in shares of Dimensional US Real Estate ETF during the third quarter worth approximately $25,000. Fifth Third Bancorp bought a new position in shares of Dimensional US Real Estate ETF during the first quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new position in shares of Dimensional US Real Estate ETF during the fourth quarter worth approximately $77,000. AdvisorNet Financial Inc increased its stake in shares of Dimensional US Real Estate ETF by 34.4% during the first quarter. AdvisorNet Financial Inc now owns 3,614 shares of the company’s stock worth $85,000 after purchasing an additional 926 shares during the period. Finally, Maseco LLP lifted its holdings in Dimensional US Real Estate ETF by 16.4% during the 4th quarter. Maseco LLP now owns 5,366 shares of the company’s stock worth $123,000 after purchasing an additional 755 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.