Envestnet Asset Management Inc. Boosts Position in Dimensional Global Real Estate ETF $DFGR

Envestnet Asset Management Inc. raised its holdings in shares of Dimensional Global Real Estate ETF (NYSEARCA:DFGR) by 12.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 249,734 shares of the company’s stock after acquiring an additional 26,969 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Dimensional Global Real Estate ETF were worth $6,820,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DFGR. HHM Wealth Advisors LLC purchased a new position in shares of Dimensional Global Real Estate ETF in the 3rd quarter valued at $26,000. CNB Bank acquired a new stake in Dimensional Global Real Estate ETF in the 3rd quarter valued at $33,000. AE Wealth Management LLC increased its holdings in Dimensional Global Real Estate ETF by 3,867.3% in the 2nd quarter. AE Wealth Management LLC now owns 2,182 shares of the company’s stock valued at $59,000 after purchasing an additional 2,127 shares in the last quarter. Root Financial Partners LLC purchased a new position in Dimensional Global Real Estate ETF in the third quarter valued at about $101,000. Finally, Red Lighthouse Investment Management LLC lifted its stake in shares of Dimensional Global Real Estate ETF by 103.5% during the second quarter. Red Lighthouse Investment Management LLC now owns 4,830 shares of the company’s stock worth $130,000 after purchasing an additional 2,457 shares in the last quarter.

Dimensional Global Real Estate ETF Stock Performance

DFGR stock opened at $28.56 on Friday. The firm has a market cap of $3.29 billion, a P/E ratio of 29.05 and a beta of 0.96. Dimensional Global Real Estate ETF has a 1 year low of $22.90 and a 1 year high of $28.82. The stock has a 50-day simple moving average of $27.07 and a 200-day simple moving average of $27.11.

About Dimensional Global Real Estate ETF

The Dimensional Global Real Estate ETF (DFGR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to hold a diversified selection of US and foreign companies whose principal activities are engaged in the broad real estate sector, while focusing on REITs. Portfolio holdings are weighted by market capitalization. DFGR was launched on Dec 6, 2022 and is managed by Dimensional.