Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Sets New 52-Week High – Still a Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $77.05 and last traded at $76.13, with a volume of 509814 shares traded. The stock had previously closed at $76.39.

Dimensional U.S. Small Cap ETF Stock Down 0.3%

The company has a market capitalization of $13.41 billion, a PE ratio of 15.89 and a beta of 1.06. The company has a 50-day moving average price of $72.71 and a two-hundred day moving average price of $69.46.

Institutional Investors Weigh In On Dimensional U.S. Small Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of DFAS. Creative Planning increased its holdings in shares of Dimensional U.S. Small Cap ETF by 12.1% in the 3rd quarter. Creative Planning now owns 22,684,991 shares of the company’s stock worth $1,553,014,000 after buying an additional 2,456,531 shares during the last quarter. Northern Trust Corp grew its position in Dimensional U.S. Small Cap ETF by 2.9% in the third quarter. Northern Trust Corp now owns 8,079,314 shares of the company’s stock worth $553,110,000 after acquiring an additional 229,914 shares in the last quarter. Bank of America Corp DE increased its stake in Dimensional U.S. Small Cap ETF by 6.3% in the third quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock valued at $452,490,000 after acquiring an additional 392,795 shares during the last quarter. Index Fund Advisors Inc. raised its position in Dimensional U.S. Small Cap ETF by 0.5% during the third quarter. Index Fund Advisors Inc. now owns 5,856,832 shares of the company’s stock valued at $400,959,000 after purchasing an additional 30,872 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in Dimensional U.S. Small Cap ETF by 10.9% during the third quarter. Focus Partners Wealth now owns 3,402,755 shares of the company’s stock worth $232,951,000 after purchasing an additional 333,978 shares during the last quarter.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.