Summit Financial Strategies Inc. Has $66.04 Million Stock Holdings in Dimensional US Large Cap Value ETF $DFLV

Summit Financial Strategies Inc. increased its stake in shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,007,278 shares of the company’s stock after purchasing an additional 93,907 shares during the period. Dimensional US Large Cap Value ETF makes up approximately 5.7% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 6th largest holding. Summit Financial Strategies Inc. owned about 1.52% of Dimensional US Large Cap Value ETF worth $66,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Dimensional US Large Cap Value ETF in the 1st quarter valued at approximately $32,000. Royal Bank of Canada raised its stake in Dimensional US Large Cap Value ETF by 22.6% in the first quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock valued at $356,000 after purchasing an additional 2,143 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Dimensional US Large Cap Value ETF during the first quarter worth about $826,000. Signature Estate & Investment Advisors LLC grew its stake in Dimensional US Large Cap Value ETF by 20.2% during the first quarter. Signature Estate & Investment Advisors LLC now owns 46,828 shares of the company’s stock worth $1,432,000 after buying an additional 7,884 shares in the last quarter. Finally, Advisory Alpha LLC increased its holdings in Dimensional US Large Cap Value ETF by 14.7% in the 1st quarter. Advisory Alpha LLC now owns 338,216 shares of the company’s stock valued at $10,339,000 after buying an additional 43,332 shares during the period.

Dimensional US Large Cap Value ETF Price Performance

Shares of DFLV opened at $34.63 on Monday. The company has a market capitalization of $4.68 billion, a price-to-earnings ratio of 15.63 and a beta of 0.91. The business has a 50-day moving average of $33.57 and a 200-day moving average of $32.58. Dimensional US Large Cap Value ETF has a 1 year low of $26.26 and a 1 year high of $34.71.

About Dimensional US Large Cap Value ETF

The Dimensional US Large Cap Value ETF (DFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to hold a broad and diversified selection of US large-cap companies of any sector that exhibit value characteristics. Portfolio holdings are weighted by market capitalization DFLV was launched on Dec 6, 2022 and is managed by Dimensional.