Dimensional US Real Estate ETF (NYSEARCA:DFAR) Reaches New 52-Week High – Still a Buy?

Dimensional US Real Estate ETF (NYSEARCA:DFAR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.42 and last traded at $26.36, with a volume of 1310911 shares traded. The stock had previously closed at $25.80.

Dimensional US Real Estate ETF Stock Up 2.2%

The stock has a market cap of $1.73 billion, a P/E ratio of 31.45 and a beta of 0.91. The business has a 50-day simple moving average of $25.35 and a 200-day simple moving average of $24.34.

Institutional Investors Weigh In On Dimensional US Real Estate ETF

A number of large investors have recently added to or reduced their stakes in DFAR. Vise Technologies Inc. boosted its position in Dimensional US Real Estate ETF by 292.6% during the fourth quarter. Vise Technologies Inc. now owns 1,696,565 shares of the company’s stock worth $38,853,000 after purchasing an additional 1,264,461 shares during the period. Burton Enright Welch acquired a new stake in Dimensional US Real Estate ETF in the 4th quarter valued at approximately $15,458,000. Beacon Pointe Advisors LLC grew its holdings in Dimensional US Real Estate ETF by 131.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 852,933 shares of the company’s stock valued at $19,533,000 after buying an additional 484,472 shares during the last quarter. Savant Capital LLC grew its holdings in Dimensional US Real Estate ETF by 70.4% in the 4th quarter. Savant Capital LLC now owns 958,787 shares of the company’s stock valued at $21,957,000 after buying an additional 395,969 shares during the last quarter. Finally, Root Financial Partners LLC lifted its holdings in shares of Dimensional US Real Estate ETF by 20.6% during the fourth quarter. Root Financial Partners LLC now owns 1,909,269 shares of the company’s stock worth $43,725,000 after buying an additional 326,780 shares during the last quarter.

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. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.