Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 1-Year High – Should You Buy?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR) reached a new 52-week high during trading on Tuesday . The company traded as high as $28.70 and last traded at $28.5640, with a volume of 25760 shares trading hands. The stock had previously closed at $28.21.

Dimensional Global Real Estate ETF Stock Up 0.5%

The business’s fifty day moving average is $26.93 and its 200-day moving average is $27.06. The stock has a market capitalization of $3.30 billion, a PE ratio of 29.05 and a beta of 0.96.

Institutional Investors Weigh In On Dimensional Global Real Estate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Savant Capital LLC lifted its stake in shares of Dimensional Global Real Estate ETF by 23.7% in the 4th quarter. Savant Capital LLC now owns 10,439,385 shares of the company’s stock valued at $275,809,000 after purchasing an additional 1,997,764 shares in the last quarter. Forum Financial Management LP lifted its position in Dimensional Global Real Estate ETF by 7.7% during the fourth quarter. Forum Financial Management LP now owns 16,638,902 shares of the company’s stock valued at $439,600,000 after buying an additional 1,187,688 shares in the last quarter. Guardian Wealth Management LLC purchased a new stake in Dimensional Global Real Estate ETF during the fourth quarter worth approximately $23,077,000. Financial Plan Inc. acquired a new stake in shares of Dimensional Global Real Estate ETF in the fourth quarter worth $22,493,000. Finally, Arax Advisory Partners purchased a new position in shares of Dimensional Global Real Estate ETF in the 4th quarter valued at $19,738,000.

Dimensional Global Real Estate ETF Company 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.