Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Should You Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $32.11 and last traded at $32.09, with a volume of 1048345 shares. The stock had previously closed at $31.34.

Dimensional International Core Equity Market ETF Trading Up 2.3 %

The firm’s fifty day moving average is $30.26 and its 200-day moving average is $30.53. The stock has a market capitalization of $8.94 billion, a PE ratio of 16.39 and a beta of 0.84.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Avidian Wealth Enterprises LLC boosted its holdings in shares of Dimensional International Core Equity Market ETF by 0.6% in the third quarter. Avidian Wealth Enterprises LLC now owns 58,028 shares of the company’s stock valued at $1,844,000 after acquiring an additional 338 shares during the period. Oak Harbor Wealth Partners LLC raised its position in Dimensional International Core Equity Market ETF by 0.3% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 134,314 shares of the company’s stock worth $3,922,000 after buying an additional 338 shares during the last quarter. Forthright Family Wealth Advisory LLC lifted its stake in shares of Dimensional International Core Equity Market ETF by 3.1% in the 4th quarter. Forthright Family Wealth Advisory LLC now owns 12,381 shares of the company’s stock worth $362,000 after acquiring an additional 373 shares during the period. Atomi Financial Group Inc. boosted its holdings in shares of Dimensional International Core Equity Market ETF by 4.2% in the fourth quarter. Atomi Financial Group Inc. now owns 10,718 shares of the company’s stock valued at $313,000 after acquiring an additional 435 shares in the last quarter. Finally, Keel Point LLC increased its stake in shares of Dimensional International Core Equity Market ETF by 1.2% during the fourth quarter. Keel Point LLC now owns 39,123 shares of the company’s stock worth $1,142,000 after acquiring an additional 459 shares during the period.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.