Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 52-Week High – Time to Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $40.42 and last traded at $40.42, with a volume of 38167 shares traded. The stock had previously closed at $40.21.

Dimensional US Large Cap Value ETF Stock Up 0.4%

The firm’s 50 day simple moving average is $39.40 and its 200 day simple moving average is $37.43. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 15.63 and a beta of 0.79.

Institutional Trading of Dimensional US Large Cap Value ETF

Several hedge funds have recently added to or reduced their stakes in the business. Savant Capital LLC lifted its holdings in Dimensional US Large Cap Value ETF by 11.1% in the 4th quarter. Savant Capital LLC now owns 17,497,390 shares of the company’s stock valued at $598,586,000 after acquiring an additional 1,743,828 shares during the last quarter. Corient Private Wealth LLC lifted its stake in Dimensional US Large Cap Value ETF by 21.4% during the fourth quarter. Corient Private Wealth LLC now owns 6,263,508 shares of the company’s stock valued at $214,275,000 after purchasing an additional 1,106,051 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in Dimensional US Large Cap Value ETF by 4.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 4,440,601 shares of the company’s stock worth $151,913,000 after buying an additional 187,912 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Dimensional US Large Cap Value ETF by 58.0% during the first quarter. Cetera Investment Advisers now owns 3,667,210 shares of the company’s stock worth $130,956,000 after buying an additional 1,345,977 shares in the last quarter. Finally, Truepoint Inc. grew its position in Dimensional US Large Cap Value ETF by 8.3% in the fourth quarter. Truepoint Inc. now owns 3,410,368 shares of the company’s stock worth $116,669,000 after buying an additional 261,009 shares during the last quarter.

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.