Dimensional US Real Estate ETF (NYSEARCA:DFAR) Hits New 12-Month High – Still a Buy?

Shares of Dimensional US Real Estate ETF (NYSEARCA:DFAR) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $26.18 and last traded at $26.15, with a volume of 49457 shares traded. The stock had previously closed at $26.05.

Dimensional US Real Estate ETF Stock Performance

The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 31.45 and a beta of 0.93. The firm has a fifty day moving average price of $24.90 and a 200 day moving average price of $24.13.

Institutional Investors Weigh In On Dimensional US Real Estate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DFAR. Vise Technologies Inc. boosted its position in shares of Dimensional US Real Estate ETF by 292.6% during the 4th 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 in the last quarter. Burton Enright Welch acquired a new stake in shares of Dimensional US Real Estate ETF in the fourth quarter valued at about $15,458,000. Beacon Pointe Advisors LLC lifted its stake in shares of Dimensional US Real Estate ETF by 131.5% in the fourth quarter. Beacon Pointe Advisors LLC now owns 852,933 shares of the company’s stock valued at $19,533,000 after purchasing an additional 484,472 shares during the period. Savant Capital LLC boosted its holdings in Dimensional US Real Estate ETF by 70.4% during the fourth quarter. Savant Capital LLC now owns 958,787 shares of the company’s stock worth $21,957,000 after buying an additional 395,969 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in 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 in 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.