Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Hits New 12-Month High – Here’s What Happened

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) hit a new 52-week high during trading on Thursday . The stock traded as high as $55.55 and last traded at $55.45, with a volume of 139395 shares trading hands. The stock had previously closed at $54.49.

Dimensional US Marketwide Value ETF Price Performance

The business has a 50 day simple moving average of $53.07 and a 200 day simple moving average of $50.19. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 15.88 and a beta of 0.90.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its stake in shares of Dimensional US Marketwide Value ETF by 1.9% in the 1st quarter. Royal Bank of Canada now owns 102,072 shares of the company’s stock valued at $4,206,000 after purchasing an additional 1,863 shares during the period. AQR Capital Management LLC increased its holdings in Dimensional US Marketwide Value ETF by 50.9% during the first quarter. AQR Capital Management LLC now owns 102,100 shares of the company’s stock worth $4,208,000 after buying an additional 34,441 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Dimensional US Marketwide Value ETF in the 1st quarter valued at about $202,000. Russell Investments Group Ltd. boosted its stake in shares of Dimensional US Marketwide Value ETF by 117.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,520 shares of the company’s stock worth $149,000 after acquiring an additional 1,900 shares during the period. Finally, Baird Financial Group Inc. increased its holdings in shares of Dimensional US Marketwide Value ETF by 3.2% in the second quarter. Baird Financial Group Inc. now owns 29,492 shares of the company’s stock valued at $1,247,000 after purchasing an additional 925 shares during the last quarter.

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.