Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sees Strong Trading Volume

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) shares saw unusually-strong trading volume on Friday . Approximately 1,423,270 shares changed hands during trading, an increase of 40% from the previous session’s volume of 1,017,914 shares.The stock last traded at $29.77 and had previously closed at $29.61.

Dimensional International Core Equity Market ETF Stock Performance

The company has a market cap of $5.71 billion, a P/E ratio of 13.50 and a beta of 0.84. The business’s 50-day moving average price is $29.67 and its 200 day moving average price is $28.27.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Parkside Financial Bank & Trust boosted its position in Dimensional International Core Equity Market ETF by 528.6% in the third quarter. Parkside Financial Bank & Trust now owns 1,295 shares of the company’s stock valued at $34,000 after buying an additional 1,089 shares in the last quarter. CWM LLC bought a new stake in shares of Dimensional International Core Equity Market ETF during the third quarter worth about $38,000. Oliver Lagore Vanvalin Investment Group increased its position in Dimensional International Core Equity Market ETF by 37.4% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 1,401 shares of the company’s stock valued at $40,000 after acquiring an additional 381 shares during the period. Hazlett Burt & Watson Inc. bought a new position in shares of Dimensional International Core Equity Market ETF during the first quarter valued at $40,000. Finally, Chilton Capital Management LLC bought a new stake in shares of Dimensional International Core Equity Market ETF in the fourth quarter worth $56,000.

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.