PNC Financial Services Group Inc. Invests $119,000 in Dimensional US Real Estate ETF (NYSEARCA:DFAR)

PNC Financial Services Group Inc. bought a new stake in shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,130 shares of the company’s stock, valued at approximately $119,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Pathstone Holdings LLC raised its position in Dimensional US Real Estate ETF by 11.2% in the 3rd quarter. Pathstone Holdings LLC now owns 99,928 shares of the company’s stock worth $2,562,000 after purchasing an additional 10,048 shares during the period. Elios Financial Group Inc. bought a new position in shares of Dimensional US Real Estate ETF during the third quarter valued at approximately $5,080,000. WorthPointe LLC raised its holdings in shares of Dimensional US Real Estate ETF by 37.8% in the third quarter. WorthPointe LLC now owns 16,574 shares of the company’s stock worth $425,000 after buying an additional 4,548 shares during the period. Chevy Chase Trust Holdings LLC bought a new stake in shares of Dimensional US Real Estate ETF during the 3rd quarter worth approximately $230,000. Finally, HighTower Advisors LLC lifted its stake in shares of Dimensional US Real Estate ETF by 2.3% during the 3rd quarter. HighTower Advisors LLC now owns 2,195,896 shares of the company’s stock worth $56,295,000 after acquiring an additional 48,458 shares during the last quarter.

Dimensional US Real Estate ETF Stock Up 1.4 %

Shares of Dimensional US Real Estate ETF stock opened at $23.76 on Tuesday. The stock’s fifty day moving average is $23.68 and its two-hundred day moving average is $24.36. Dimensional US Real Estate ETF has a 52 week low of $20.32 and a 52 week high of $26.12. The company has a market capitalization of $1.30 billion, a PE ratio of 32.81 and a beta of 1.04.

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.