NORTHSTAR ASSET MANAGEMENT Co Buys New Shares in Brandywine GLOBAL Dynamic US Large Cap Value ETF $DVAL

NORTHSTAR ASSET MANAGEMENT Co bought a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 39,582 shares of the company’s stock, valued at approximately $623,000. NORTHSTAR ASSET MANAGEMENT Co owned about 1.04% of Brandywine GLOBAL Dynamic US Large Cap Value ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DVAL. Western Wealth Management LLC bought a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 1st quarter worth about $34,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 1st quarter valued at about $54,000. Finally, Citadel Advisors LLC lifted its position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 37.3% during the second quarter. Citadel Advisors LLC now owns 43,893 shares of the company’s stock worth $689,000 after purchasing an additional 11,933 shares during the last quarter.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Price Performance

NASDAQ:DVAL traded down $0.12 during mid-day trading on Friday, reaching $15.79. The stock had a trading volume of 1,089 shares, compared to its average volume of 25,015. The company has a market capitalization of $59.98 million, a price-to-earnings ratio of 14.48 and a beta of 0.61. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 1-year low of $14.05 and a 1-year high of $16.83. The stock’s 50 day simple moving average is $16.08 and its two-hundred day simple moving average is $15.77.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.5222 per share. The ex-dividend date was Thursday, October 1st. This is an increase from Brandywine GLOBAL Dynamic US Large Cap Value ETF’s previous annual dividend of $0.2877. This represents a yield of 344.0%.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.