World Equity ETF (NYSEARCA:DFAW – Get Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 38,699 shares, a decline of 66.2% from the July 30th total of 114,640 shares. Based on an average daily trading volume, of 88,341 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL increased its position in shares of World Equity ETF by 18.3% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock valued at $20,972,000 after purchasing an additional 43,689 shares during the last quarter. Monograph Wealth Advisors LLC raised its holdings in shares of World Equity ETF by 58.3% during the 4th quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock valued at $1,773,000 after buying an additional 8,830 shares in the last quarter. Mosaic Family Wealth Partners LLC lifted its position in World Equity ETF by 10.1% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 23,981 shares of the company’s stock worth $1,769,000 after buying an additional 2,208 shares during the last quarter. USAdvisors Wealth Management LLC bought a new stake in World Equity ETF in the 1st quarter worth approximately $200,000. Finally, Root Financial Partners LLC lifted its position in World Equity ETF by 2.6% in the 1st quarter. Root Financial Partners LLC now owns 6,423 shares of the company’s stock worth $474,000 after buying an additional 162 shares during the last quarter.
World Equity ETF Trading Down 0.4%
Shares of NYSEARCA:DFAW traded down $0.33 during trading on Friday, reaching $85.29. The company had a trading volume of 59,953 shares, compared to its average volume of 85,732. The company has a fifty day moving average of $83.69 and a two-hundred day moving average of $80.46. The stock has a market capitalization of $1.63 billion, a P/E ratio of 19.16 and a beta of 0.89. World Equity ETF has a 12 month low of $69.27 and a 12 month high of $86.36.
About World Equity ETF
The Dimensional World Equity ETF (DFAW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds that invests in a broad portfolio of stocks across all market capitalizations globally. The funds objective is to provide long-term capital appreciation DFAW was launched on Sep 26, 2023 and is issued by Dimensional.
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