Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Reaches New 1-Year High – Here’s Why

Shares of Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $43.35 and last traded at $43.27, with a volume of 58475 shares. The stock had previously closed at $43.14.

Dimensional International Core Equity Market ETF Price Performance

The firm has a fifty day simple moving average of $41.65 and a 200 day simple moving average of $40.97. The company has a market capitalization of $17.93 billion, a price-to-earnings ratio of 15.89 and a beta of 0.76.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

A number of institutional investors have recently added to or reduced their stakes in DFAI. Allegiance Financial Group Advisory Services LLC raised its stake in Dimensional International Core Equity Market ETF by 6.6% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 501,378 shares of the company’s stock valued at $19,108,000 after purchasing an additional 31,073 shares during the last quarter. Johnson Wealth Management LLC purchased a new position in Dimensional International Core Equity Market ETF during the fourth quarter worth about $6,502,000. DeLarme Wealth Management Inc. purchased a new stake in shares of Dimensional International Core Equity Market ETF during the 4th quarter valued at approximately $14,819,000. Bridgewater Advisors Inc. increased its stake in Dimensional International Core Equity Market ETF by 8.0% during the fourth quarter. Bridgewater Advisors Inc. now owns 1,321,376 shares of the company’s stock worth $52,142,000 after acquiring an additional 98,432 shares during the last quarter. Finally, CWS Financial Advisors LLC acquired a new stake in shares of Dimensional International Core Equity Market ETF during the 4th quarter worth about $623,000.

Dimensional International Core Equity Market ETF Company Profile

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.