Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 12-Month High – Still a Buy?

Shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $30.20 and last traded at $30.20, with a volume of 80933 shares trading hands. The stock had previously closed at $29.68.

Dimensional Global Real Estate ETF Stock Up 1.6%

The stock has a market capitalization of $3.89 billion, a PE ratio of 29.05 and a beta of 0.88. The firm has a 50 day moving average price of $29.13 and a 200 day moving average price of $28.22.

Institutional Investors Weigh In On Dimensional Global Real Estate ETF

Institutional investors have recently bought and sold shares of the stock. Savant Capital LLC lifted its stake in Dimensional Global Real Estate ETF by 23.7% during the 4th quarter. Savant Capital LLC now owns 10,439,385 shares of the company’s stock valued at $275,809,000 after acquiring an additional 1,997,764 shares in the last quarter. Forum Financial Management LP grew its stake in shares of Dimensional Global Real Estate ETF by 7.7% in the 4th quarter. Forum Financial Management LP now owns 16,638,902 shares of the company’s stock worth $439,600,000 after acquiring an additional 1,187,688 shares in the last quarter. Guardian Wealth Management LLC bought a new stake in shares of Dimensional Global Real Estate ETF in the 4th quarter worth $23,077,000. Financial Plan Inc. purchased a new stake in shares of Dimensional Global Real Estate ETF in the fourth quarter valued at about $22,493,000. Finally, Arax Advisory Partners purchased a new stake in shares of Dimensional Global Real Estate ETF in the fourth quarter valued at about $19,738,000.

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.