Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sets New 52-Week High – Should You Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $44.06 and last traded at $44.06, with a volume of 84499 shares changing hands. The stock had previously closed at $43.60.

Dimensional US Marketwide Value ETF Stock Up 1.1 %

The company has a fifty day simple moving average of $42.17 and a 200-day simple moving average of $40.74. The firm has a market cap of $11.53 billion, a P/E ratio of 13.63 and a beta of 0.85.

Institutional Investors Weigh In On Dimensional US Marketwide Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Financial Counselors Inc. lifted its holdings in Dimensional US Marketwide Value ETF by 1.4% during the third quarter. Financial Counselors Inc. now owns 19,337 shares of the company’s stock valued at $806,000 after purchasing an additional 261 shares in the last quarter. Oakworth Capital Inc. lifted its stake in shares of Dimensional US Marketwide Value ETF by 4.2% during the 2nd quarter. Oakworth Capital Inc. now owns 6,681 shares of the company’s stock valued at $262,000 after buying an additional 269 shares in the last quarter. Quad Cities Investment Group LLC boosted its holdings in Dimensional US Marketwide Value ETF by 3.1% in the 2nd quarter. Quad Cities Investment Group LLC now owns 11,344 shares of the company’s stock worth $445,000 after buying an additional 342 shares during the period. Disciplined Investments LLC increased its stake in Dimensional US Marketwide Value ETF by 0.5% in the 2nd quarter. Disciplined Investments LLC now owns 71,590 shares of the company’s stock worth $2,811,000 after buying an additional 360 shares in the last quarter. Finally, Investment Advisory Group LLC raised its holdings in Dimensional US Marketwide Value ETF by 0.4% during the second quarter. Investment Advisory Group LLC now owns 98,027 shares of the company’s stock valued at $3,850,000 after acquiring an additional 380 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.