Dimensional US Real Estate ETF (NYSEARCA:DFAR) Reaches New 12-Month High – Here’s What Happened

by · The Markets Daily

Dimensional US Real Estate ETF (NYSEARCA:DFARGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $26.87 and last traded at $26.87, with a volume of 275346 shares. The stock had previously closed at $26.48.

Dimensional US Real Estate ETF Price Performance

The stock has a market cap of $1.80 billion, a P/E ratio of 31.45 and a beta of 0.90. The firm’s fifty day moving average price is $26.14 and its two-hundred day moving average price is $24.92.

Institutional Trading of Dimensional US Real Estate ETF

Hedge funds have recently bought and sold shares of the stock. Sei Investments Co. bought a new stake in Dimensional US Real Estate ETF in the 2nd quarter valued at $528,000. Raymond James Financial Inc. increased its position in shares of Dimensional US Real Estate ETF by 3.1% during the 2nd quarter. Raymond James Financial Inc. now owns 368,959 shares of the company’s stock worth $8,656,000 after purchasing an additional 10,938 shares during the last quarter. Bank of America Corp DE acquired a new position in Dimensional US Real Estate ETF during the second quarter worth $1,788,000. MML Investors Services LLC raised its holdings in shares of Dimensional US Real Estate ETF by 17.3% in the 2nd quarter. MML Investors Services LLC now owns 113,168 shares of the company’s stock valued at $2,655,000 after purchasing an additional 16,686 shares during the period. Finally, Orion Porfolio Solutions LLC bought a new stake in Dimensional US Real Estate ETF in the second quarter valued at approximately $273,000.

Dimensional US Real Estate ETF Company Profile

(Get Free Report)

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.

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