Arax Advisory Partners Takes Position in Dimensional US Large Cap Value ETF $DFLV

Arax Advisory Partners purchased a new stake in Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 114,365 shares of the company’s stock, valued at approximately $3,912,000.

A number of other institutional investors also recently modified their holdings of DFLV. Royal Bank of Canada raised its position in shares of 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 during the period. Goldman Sachs Group Inc. bought a new position in shares of Dimensional US Large Cap Value ETF in the first quarter valued at approximately $826,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Dimensional US Large Cap Value ETF by 214.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,242 shares of the company’s stock valued at $101,000 after purchasing an additional 2,211 shares during the period. Qube Research & Technologies Ltd raised its position in shares of Dimensional US Large Cap Value ETF by 471.0% in the second quarter. Qube Research & Technologies Ltd now owns 5,105 shares of the company’s stock valued at $158,000 after purchasing an additional 4,211 shares during the period. Finally, Quantinno Capital Management LP raised its position in shares of Dimensional US Large Cap Value ETF by 124.4% in the second quarter. Quantinno Capital Management LP now owns 25,556 shares of the company’s stock valued at $793,000 after purchasing an additional 14,167 shares during the period.

Dimensional US Large Cap Value ETF Price Performance

NYSEARCA:DFLV opened at $39.89 on Monday. Dimensional US Large Cap Value ETF has a 12 month low of $30.32 and a 12 month high of $40.01. The firm has a market cap of $6.19 billion, a price-to-earnings ratio of 15.63 and a beta of 0.80. The company’s 50 day moving average is $38.03 and its 200-day moving average is $36.35.

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.