Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Hits New 12-Month High – Time to Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $32.11 and last traded at $32.09, with a volume of 1048345 shares changing hands. The stock had previously closed at $31.34.

Dimensional International Core Equity Market ETF Price Performance

The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 16.39 and a beta of 0.84. The stock’s 50-day moving average is $30.26 and its 200-day moving average is $30.53.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DFAI. US Bancorp DE lifted its position in shares of Dimensional International Core Equity Market ETF by 142.0% during the third quarter. US Bancorp DE now owns 6,448 shares of the company’s stock worth $205,000 after purchasing an additional 3,783 shares in the last quarter. United Advisor Group LLC increased its position in shares of Dimensional International Core Equity Market ETF by 7.3% in the 3rd quarter. United Advisor Group LLC now owns 116,934 shares of the company’s stock worth $3,716,000 after purchasing an additional 7,975 shares during the last quarter. Arista Wealth Management LLC raised its stake in shares of Dimensional International Core Equity Market ETF by 4.1% in the 3rd quarter. Arista Wealth Management LLC now owns 982,344 shares of the company’s stock valued at $31,219,000 after purchasing an additional 38,437 shares in the last quarter. Catalyst Private Wealth LLC lifted its position in shares of Dimensional International Core Equity Market ETF by 12.8% during the third quarter. Catalyst Private Wealth LLC now owns 141,773 shares of the company’s stock worth $4,506,000 after purchasing an additional 16,122 shares during the last quarter. Finally, JFG Wealth Management LLC acquired a new position in Dimensional International Core Equity Market ETF in the third quarter worth about $812,000.

About Dimensional International Core Equity Market ETF

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.