Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) saw strong trading volume on Wednesday . 1,571,689 shares changed hands during mid-day trading, an increase of 252% from the previous session’s volume of 446,552 shares.The stock last traded at $42.27 and had previously closed at $41.89.

Dimensional US Core Equity Market ETF Stock Up 0.8 %

The stock’s 50 day moving average is $40.79 and its 200-day moving average is $38.94. The company has a market cap of $6.40 billion, a PE ratio of 22.05 and a beta of 1.02.

Institutional Investors Weigh In On Dimensional US Core Equity Market ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mattern Wealth Management LLC lifted its holdings in Dimensional US Core Equity Market ETF by 6.3% during the 2nd quarter. Mattern Wealth Management LLC now owns 136,011 shares of the company’s stock valued at $5,099,000 after buying an additional 8,018 shares in the last quarter. Physician Wealth Advisors Inc. boosted its holdings in shares of Dimensional US Core Equity Market ETF by 0.9% in the second quarter. Physician Wealth Advisors Inc. now owns 378,629 shares of the company’s stock valued at $14,820,000 after purchasing an additional 3,433 shares during the period. Fiduciary Financial Group LLC bought a new position in Dimensional US Core Equity Market ETF in the second quarter worth approximately $1,654,000. Kennedy Investment Group increased its holdings in Dimensional US Core Equity Market ETF by 27.0% during the 2nd quarter. Kennedy Investment Group now owns 22,302 shares of the company’s stock worth $836,000 after purchasing an additional 4,736 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC raised its position in Dimensional US Core Equity Market ETF by 103.0% during the 2nd quarter. Baron Silver Stevens Financial Advisors LLC now owns 24,923 shares of the company’s stock valued at $934,000 after purchasing an additional 12,643 shares in the last quarter.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.