Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Reaches New 12-Month High – Still a Buy?

Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $39.76 and last traded at $39.75, with a volume of 62472 shares. The stock had previously closed at $39.59.

Dimensional US Core Equity Market ETF Stock Performance

The business has a 50-day moving average of $38.38 and a 200-day moving average of $37.35. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 22.05 and a beta of 1.02.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Mosaic Family Wealth Partners LLC lifted its holdings in Dimensional US Core Equity Market ETF by 1.8% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 16,546 shares of the company’s stock worth $605,000 after buying an additional 292 shares in the last quarter. Salem Investment Counselors Inc. boosted its holdings in Dimensional US Core Equity Market ETF by 74.9% in the first quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $28,000 after purchasing an additional 329 shares during the period. City State Bank grew its stake in Dimensional US Core Equity Market ETF by 4.1% during the 2nd quarter. City State Bank now owns 9,747 shares of the company’s stock worth $365,000 after purchasing an additional 380 shares in the last quarter. Morris Financial Concepts Inc. raised its position in Dimensional US Core Equity Market ETF by 4.9% in the 1st quarter. Morris Financial Concepts Inc. now owns 8,415 shares of the company’s stock valued at $307,000 after purchasing an additional 391 shares in the last quarter. Finally, Annandale Capital LLC boosted its stake in shares of Dimensional US Core Equity Market ETF by 5.8% in the 2nd quarter. Annandale Capital LLC now owns 8,627 shares of the company’s stock valued at $323,000 after buying an additional 473 shares during the period.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.