Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sets New 12-Month High – Time to Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $62.22 and last traded at $62.22, with a volume of 14777 shares traded. The stock had previously closed at $62.11.

Dimensional U.S. Equity ETF Stock Up 0.6 %

The stock has a market cap of $9.96 billion, a P/E ratio of 24.29 and a beta of 1.04. The stock has a fifty day simple moving average of $60.14 and a 200-day simple moving average of $58.49.

Hedge Funds Weigh In On Dimensional U.S. Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Creative Planning lifted its holdings in shares of Dimensional U.S. Equity ETF by 116.0% during the 2nd quarter. Creative Planning now owns 3,710,489 shares of the company’s stock valued at $218,362,000 after purchasing an additional 1,992,827 shares in the last quarter. Sax Wealth Advisors LLC lifted its holdings in shares of Dimensional U.S. Equity ETF by 248.6% during the 1st quarter. Sax Wealth Advisors LLC now owns 2,748,910 shares of the company’s stock valued at $156,633,000 after purchasing an additional 1,960,422 shares in the last quarter. Silver Lake Advisory LLC bought a new position in shares of Dimensional U.S. Equity ETF during the 2nd quarter valued at about $78,967,000. LPL Financial LLC lifted its holdings in shares of Dimensional U.S. Equity ETF by 106.3% during the 2nd quarter. LPL Financial LLC now owns 2,063,543 shares of the company’s stock valued at $121,439,000 after purchasing an additional 1,063,231 shares in the last quarter. Finally, Elser Financial Planning Inc bought a new position in shares of Dimensional U.S. Equity ETF during the 2nd quarter valued at about $57,071,000.

Dimensional U.S. Equity ETF Company Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.