Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sets New 1-Year High – Time to Buy?

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $32.19 and last traded at $32.20, with a volume of 478509 shares. The stock had previously closed at $31.92.

Dimensional International Core Equity Market ETF Trading Up 0.0 %

The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of 16.33 and a beta of 0.84. The stock’s fifty day simple moving average is $30.77 and its 200-day simple moving average is $30.56.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DFAI. Essential Planning LLC. raised its holdings in shares of Dimensional International Core Equity Market ETF by 6,240.8% in the 4th quarter. Essential Planning LLC. now owns 32,285,828 shares of the company’s stock valued at $979,473,000 after purchasing an additional 31,776,656 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Dimensional International Core Equity Market ETF by 58.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,986,336 shares of the company’s stock valued at $174,801,000 after purchasing an additional 2,218,494 shares in the last quarter. Life Planning Partners Inc raised its holdings in shares of Dimensional International Core Equity Market ETF by 3,077.6% in the 4th quarter. Life Planning Partners Inc now owns 1,249,421 shares of the company’s stock valued at $36,483,000 after purchasing an additional 1,210,101 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Dimensional International Core Equity Market ETF during the 4th quarter worth $34,254,000. Finally, First National Bank of Omaha raised its stake in Dimensional International Core Equity Market ETF by 997.0% during the 3rd quarter. First National Bank of Omaha now owns 935,738 shares of the company’s stock worth $29,738,000 after acquiring an additional 850,442 shares in the last quarter.

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.