Dimensional Global Real Estate ETF (NYSEARCA:DFGR) Reaches New 12-Month High – Still a Buy?

Dimensional Global Real Estate ETF (NYSEARCA:DFGR)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $29.63 and last traded at $29.29, with a volume of 516923 shares trading hands. The stock had previously closed at $29.48.

Dimensional Global Real Estate ETF Stock Performance

The business’s 50-day moving average is $28.59 and its two-hundred day moving average is $27.69. The firm has a market capitalization of $3.57 billion, a price-to-earnings ratio of 29.05 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional Global Real Estate ETF

A number of large investors have recently bought and sold shares of DFGR. Signaturefd LLC acquired a new position in Dimensional Global Real Estate ETF during the 4th quarter worth approximately $38,000. Fifth Third Bancorp acquired a new stake in Dimensional Global Real Estate ETF in the 4th quarter valued at about $46,000. Nalls Sherbakoff Group LLC acquired a new stake in Dimensional Global Real Estate ETF in the 4th quarter valued at about $50,000. Redwood Park Advisors LLC lifted its stake in Dimensional Global Real Estate ETF by 148.9% in the 4th quarter. Redwood Park Advisors LLC now owns 1,889 shares of the company’s stock valued at $50,000 after purchasing an additional 1,130 shares during the last quarter. Finally, Western Wealth Management LLC acquired a new stake in Dimensional Global Real Estate ETF in the 1st quarter valued at about $53,000.

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.