Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Hits New 1-Year High – Still a Buy?

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)’s share price reached a new 52-week high on Monday . The company traded as high as $81.61 and last traded at $81.38, with a volume of 17481 shares trading hands. The stock had previously closed at $80.51.

Dimensional U.S. Small Cap ETF Trading Up 0.7%

The stock has a fifty day simple moving average of $76.77 and a 200-day simple moving average of $74.02. The company has a market capitalization of $14.72 billion, a PE ratio of 15.89 and a beta of 1.02.

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

Several institutional investors have recently added to or reduced their stakes in the business. Creative Planning increased its position in shares of Dimensional U.S. Small Cap ETF by 12.1% during the third quarter. Creative Planning now owns 22,684,991 shares of the company’s stock worth $1,553,014,000 after purchasing an additional 2,456,531 shares in the last quarter. Northern Trust Corp boosted its position in shares of Dimensional U.S. Small Cap ETF by 0.3% in the 4th quarter. Northern Trust Corp now owns 8,102,950 shares of the company’s stock valued at $564,533,000 after purchasing an additional 23,636 shares during the period. Bank of America Corp DE grew its stake in Dimensional U.S. Small Cap ETF by 6.3% during the 3rd quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock worth $452,490,000 after buying an additional 392,795 shares during the last quarter. Focus Partners Wealth grew its stake in Dimensional U.S. Small Cap ETF by 3.4% during the 4th quarter. Focus Partners Wealth now owns 3,517,043 shares of the company’s stock worth $245,032,000 after buying an additional 114,288 shares during the last quarter. Finally, Pure Financial Advisors LLC increased its position in Dimensional U.S. Small Cap ETF by 5.4% during the fourth quarter. Pure Financial Advisors LLC now owns 3,104,414 shares of the company’s stock worth $216,285,000 after buying an additional 158,090 shares during the period.

Dimensional U.S. Small Cap ETF Company Profile

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.