Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Large Decline in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1,352 shares, a decrease of 64.9% from the May 31st total of 3,848 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,901 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Brandywine GLOBAL Dynamic US Large Cap Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its holdings in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 20.9% in the second quarter. Raymond James Financial Inc. now owns 190,944 shares of the company’s stock valued at $2,703,000 after acquiring an additional 32,945 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 1.5% during the third quarter. Franklin Resources Inc. now owns 1,488,389 shares of the company’s stock worth $21,634,000 after acquiring an additional 21,829 shares during the period. Susquehanna International Group LLP boosted its position in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% in the third quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock worth $295,000 after purchasing an additional 7,654 shares during the last quarter. LPL Financial LLC grew its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 158,727 shares of the company’s stock valued at $2,284,000 after purchasing an additional 8,828 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new position in Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 1st quarter valued at $54,000.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Performance

Brandywine GLOBAL Dynamic US Large Cap Value ETF stock traded down $0.07 during mid-day trading on Tuesday, reaching $15.69. The stock had a trading volume of 130,423 shares, compared to its average volume of 34,620. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a fifty-two week low of $14.00 and a fifty-two week high of $15.83. The stock’s 50-day simple moving average is $15.32 and its 200-day simple moving average is $15.03. The firm has a market capitalization of $81.59 million, a PE ratio of 14.48 and a beta of 0.61.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.