Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Reaches New 52-Week High – Time to Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $52.74 and last traded at $52.72, with a volume of 3749 shares changing hands. The stock had previously closed at $51.88.

Dimensional US Marketwide Value ETF Stock Down 0.0%

The company has a 50 day simple moving average of $49.82 and a 200-day simple moving average of $48.17. The stock has a market capitalization of $14.63 billion, a price-to-earnings ratio of 15.88 and a beta of 0.91.

Institutional Investors Weigh In On Dimensional US Marketwide Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of DFUV. Wealthcare Advisory Partners LLC boosted its position in Dimensional US Marketwide Value ETF by 0.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 24,650 shares of the company’s stock worth $1,148,000 after purchasing an additional 219 shares during the last quarter. Mustard Seed Financial LLC boosted its position in Dimensional US Marketwide Value ETF by 1.0% in the fourth quarter. Mustard Seed Financial LLC now owns 22,671 shares of the company’s stock worth $1,056,000 after purchasing an additional 226 shares during the last quarter. IFG Advisors LLC boosted its position in Dimensional US Marketwide Value ETF by 0.6% in the third quarter. IFG Advisors LLC now owns 41,408 shares of the company’s stock worth $1,851,000 after purchasing an additional 227 shares during the last quarter. TAGStone Capital Inc. boosted its position in Dimensional US Marketwide Value ETF by 0.4% in the third quarter. TAGStone Capital Inc. now owns 51,545 shares of the company’s stock worth $2,304,000 after purchasing an additional 228 shares during the last quarter. Finally, Five Oceans Advisors boosted its position in Dimensional US Marketwide Value ETF by 2.9% in the fourth quarter. Five Oceans Advisors now owns 8,166 shares of the company’s stock worth $380,000 after purchasing an additional 233 shares during the last quarter.

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.