Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sets New 12-Month High – Here’s Why

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $57.84 and last traded at $57.76, with a volume of 50126 shares trading hands. The stock had previously closed at $57.68.

Dimensional US Marketwide Value ETF Stock Performance

The business has a fifty day simple moving average of $55.45 and a 200 day simple moving average of $52.35. The stock has a market cap of $15.90 billion, a price-to-earnings ratio of 15.88 and a beta of 0.89.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada raised its position in Dimensional US Marketwide Value ETF by 1.9% in the first 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 grew its stake in shares of Dimensional US Marketwide Value ETF by 50.9% in the first quarter. AQR Capital Management LLC now owns 102,100 shares of the company’s stock valued at $4,208,000 after buying an additional 34,441 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Dimensional US Marketwide Value ETF in the first quarter valued at about $202,000. Russell Investments Group Ltd. raised its holdings 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 valued at $149,000 after buying an additional 1,900 shares during the period. Finally, Baird Financial Group Inc. raised its holdings in shares of Dimensional US Marketwide Value ETF by 3.2% during the 2nd quarter. Baird Financial Group Inc. now owns 29,492 shares of the company’s stock valued at $1,247,000 after buying an additional 925 shares during the period.

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.