Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sets New 12-Month High – Time to Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $48.80 and last traded at $48.6320, with a volume of 119313 shares trading hands. The stock had previously closed at $47.95.

Dimensional US Marketwide Value ETF Stock Down 0.8%

The firm’s fifty day moving average price is $46.74 and its 200-day moving average price is $44.96. The stock has a market cap of $13.40 billion, a P/E ratio of 15.88 and a beta of 0.96.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its stake in shares of Dimensional US Marketwide Value ETF by 5.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 38,135,706 shares of the company’s stock valued at $1,704,285,000 after purchasing an additional 2,035,838 shares during the period. Focus Partners Wealth raised its holdings in Dimensional US Marketwide Value ETF by 9.8% in the third quarter. Focus Partners Wealth now owns 14,681,894 shares of the company’s stock worth $656,329,000 after purchasing an additional 1,316,062 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Dimensional US Marketwide Value ETF by 4.2% in the second quarter. Envestnet Asset Management Inc. now owns 31,752,400 shares of the company’s stock worth $1,342,491,000 after purchasing an additional 1,277,162 shares in the last quarter. Elser Financial Planning Inc lifted its position in Dimensional US Marketwide Value ETF by 12,942.2% during the second quarter. Elser Financial Planning Inc now owns 955,604 shares of the company’s stock valued at $40,422,000 after buying an additional 948,277 shares during the period. Finally, Guardian Wealth Management LLC bought a new stake in shares of Dimensional US Marketwide Value ETF during the 4th quarter valued at $39,840,000.

Dimensional US Marketwide Value ETF Company Profile

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.