Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 12-Month High – Here’s What Happened

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $78.58 and last traded at $78.24, with a volume of 23003 shares. The stock had previously closed at $77.77.

Dimensional U.S. Small Cap ETF Price Performance

The firm has a fifty day moving average of $73.71 and a 200 day moving average of $72.18. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 15.89 and a beta of 1.04.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Washington Trust Bank increased its stake in Dimensional U.S. Small Cap ETF by 45.9% during the 3rd quarter. Washington Trust Bank now owns 1,149,729 shares of the company’s stock worth $78,710,000 after buying an additional 361,707 shares during the period. Great Point Wealth Advisors LLC purchased a new position in Dimensional U.S. Small Cap ETF in the 3rd quarter valued at approximately $2,630,000. Birchcreek Wealth Management LLC grew its stake in shares of Dimensional U.S. Small Cap ETF by 11.3% in the third quarter. Birchcreek Wealth Management LLC now owns 66,992 shares of the company’s stock worth $4,586,000 after acquiring an additional 6,800 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of Dimensional U.S. Small Cap ETF by 70.9% during the third quarter. Concurrent Investment Advisors LLC now owns 53,681 shares of the company’s stock worth $3,675,000 after acquiring an additional 22,265 shares during the period. Finally, Disciplined Equity Management Inc. increased its position in shares of Dimensional U.S. Small Cap ETF by 2.3% during the fourth quarter. Disciplined Equity Management Inc. now owns 350,232 shares of the company’s stock worth $24,401,000 after acquiring an additional 8,029 shares during the period.

About Dimensional U.S. Small Cap ETF

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.