Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Hits New 1-Year High – Here’s Why

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) hit a new 52-week high on Friday . The stock traded as high as $55.66 and last traded at $55.62, with a volume of 55180 shares trading hands. The stock had previously closed at $55.22.

Dimensional US Marketwide Value ETF Stock Performance

The business has a 50 day simple moving average of $54.39 and a 200-day simple moving average of $51.34. The firm has a market cap of $15.41 billion, a price-to-earnings ratio of 15.88 and a beta of 0.89.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DFUV. Clune & Associates LTD. raised its position in Dimensional US Marketwide Value ETF by 18.5% in the fourth quarter. Clune & Associates LTD. now owns 540,018 shares of the company’s stock worth $25,159,000 after acquiring an additional 84,348 shares during the period. Capital Investment Advisory Services LLC grew its position in shares of Dimensional US Marketwide Value ETF by 86.5% during the 4th quarter. Capital Investment Advisory Services LLC now owns 53,267 shares of the company’s stock valued at $2,482,000 after acquiring an additional 24,708 shares during the period. Diversify Advisory Services LLC purchased a new stake in shares of Dimensional US Marketwide Value ETF during the 4th quarter worth approximately $1,218,000. Frankly Finances LLC purchased a new stake in shares of Dimensional US Marketwide Value ETF during the 4th quarter worth approximately $2,413,000. Finally, Disciplined Equity Management Inc. raised its holdings in shares of Dimensional US Marketwide Value ETF by 3.8% in the 4th quarter. Disciplined Equity Management Inc. now owns 802,309 shares of the company’s stock worth $37,380,000 after purchasing an additional 29,547 shares during the period.

About Dimensional US Marketwide Value ETF

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.