Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIP) Hits New 12-Month Low – Here’s Why

Shares of Dimensional Inflation-Protected Securities ETF (NYSEARCA:DFIP) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $40.22 and last traded at $40.25, with a volume of 74572 shares. The stock had previously closed at $40.52.

Dimensional Inflation-Protected Securities ETF Stock Up 0.3 %

The firm has a fifty day simple moving average of $41.23 and a two-hundred day simple moving average of $41.44.

Institutional Investors Weigh In On Dimensional Inflation-Protected Securities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Heirloom Wealth Management lifted its holdings in shares of Dimensional Inflation-Protected Securities ETF by 4.2% in the 3rd quarter. Heirloom Wealth Management now owns 991,305 shares of the company’s stock valued at $41,912,000 after buying an additional 40,221 shares during the period. Geometric Wealth Advisors lifted its holdings in Dimensional Inflation-Protected Securities ETF by 12.6% in the third quarter. Geometric Wealth Advisors now owns 429,870 shares of the company’s stock valued at $18,175,000 after acquiring an additional 48,155 shares during the period. CPA Asset Management LLC boosted its position in Dimensional Inflation-Protected Securities ETF by 1.4% in the 3rd quarter. CPA Asset Management LLC now owns 405,884 shares of the company’s stock worth $17,161,000 after purchasing an additional 5,693 shares in the last quarter. Physician Wealth Solutions Inc. boosted its position in Dimensional Inflation-Protected Securities ETF by 144.1% in the 3rd quarter. Physician Wealth Solutions Inc. now owns 353,103 shares of the company’s stock worth $14,594,000 after purchasing an additional 208,435 shares in the last quarter. Finally, Rather & Kittrell Inc. grew its stake in shares of Dimensional Inflation-Protected Securities ETF by 9.0% during the 3rd quarter. Rather & Kittrell Inc. now owns 332,558 shares of the company’s stock worth $14,061,000 after purchasing an additional 27,385 shares during the period.

About Dimensional Inflation-Protected Securities ETF

The Dimensional Inflation-Protected Securities ETF (DFIP) is an exchange-traded fund that is based on the Bloomberg U.S. TIPS index. The fund is an actively-managed fund that holds US government 5-20 year inflation-protected bonds. DFIP was launched on Dec 15, 2021 and is managed by Dimensional.