Summit Financial Strategies Inc. Boosts Stock Position in Dimensional Global Real Estate ETF $DFGR

Summit Financial Strategies Inc. boosted its stake in shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) by 10.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,062,100 shares of the company’s stock after buying an additional 104,670 shares during the period. Dimensional Global Real Estate ETF makes up about 2.2% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 13th largest holding. Summit Financial Strategies Inc. owned 0.87% of Dimensional Global Real Estate ETF worth $28,231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in DFGR. Signaturefd LLC purchased a new stake in shares of Dimensional Global Real Estate ETF in the fourth quarter worth $38,000. Fifth Third Bancorp purchased a new position in shares of Dimensional Global Real Estate ETF in the 4th quarter worth about $46,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Dimensional Global Real Estate ETF in the 4th quarter worth about $50,000. Redwood Park Advisors LLC boosted its stake in Dimensional Global Real Estate ETF by 148.9% in the 4th quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock worth $50,000 after purchasing an additional 1,130 shares in the last quarter. Finally, Private Trust Co. NA grew its position in Dimensional Global Real Estate ETF by 50.0% during the 4th quarter. Private Trust Co. NA now owns 3,000 shares of the company’s stock valued at $79,000 after purchasing an additional 1,000 shares during the last quarter.

Dimensional Global Real Estate ETF Trading Up 0.3%

NYSEARCA:DFGR traded up $0.09 on Friday, reaching $29.23. 349,935 shares of the stock traded hands, compared to its average volume of 435,396. The company has a market capitalization of $3.75 billion, a price-to-earnings ratio of 29.05 and a beta of 0.88. Dimensional Global Real Estate ETF has a 12 month low of $26.02 and a 12 month high of $29.63. The company’s fifty day simple moving average is $28.95 and its 200 day simple moving average is $27.99.

Dimensional Global Real Estate ETF Profile

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.