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

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $49.28 and last traded at $48.5650, with a volume of 49032 shares trading hands. The stock had previously closed at $48.79.

Dimensional US Marketwide Value ETF Price Performance

The business’s 50-day moving average price is $47.20 and its two-hundred day moving average price is $45.16. The firm has a market cap of $13.47 billion, a price-to-earnings ratio of 15.88 and a beta of 0.96.

Institutional Investors Weigh In On Dimensional US Marketwide Value ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. HHM Wealth Advisors LLC bought a new stake in shares of Dimensional US Marketwide Value ETF in the third quarter worth $46,000. ST Germain D J Co. Inc. bought a new position in shares of Dimensional US Marketwide Value ETF during the third quarter valued at approximately $54,000. Retirement Wealth Solutions LLC bought a new position in Dimensional US Marketwide Value ETF during the 3rd quarter worth $60,000. Ameritas Advisory Services LLC acquired a new stake in shares of Dimensional US Marketwide Value ETF in the 2nd quarter worth about $85,000. Finally, CNB Bank acquired a new stake in shares of Dimensional US Marketwide Value ETF in the third quarter valued at approximately $97,000.

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.