Summit Financial Strategies Inc. Buys 207,037 Shares of Dimensional US Large Cap Value ETF $DFLV

Summit Financial Strategies Inc. lifted its stake in shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) by 9.4% during the first quarter, Holdings Channel reports. The firm owned 2,408,269 shares of the company’s stock after purchasing an additional 207,037 shares during the quarter. Dimensional US Large Cap Value ETF makes up approximately 6.8% of Summit Financial Strategies Inc.’s portfolio, making the stock its 5th largest holding. Summit Financial Strategies Inc.’s holdings in Dimensional US Large Cap Value ETF were worth $85,999,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DFLV. Private Wealth Asset Management LLC acquired a new position in shares of Dimensional US Large Cap Value ETF in the 4th quarter valued at $29,000. Vermillion Wealth Management Inc. raised its holdings in Dimensional US Large Cap Value ETF by 58.4% during the 1st quarter. Vermillion Wealth Management Inc. now owns 974 shares of the company’s stock worth $35,000 after buying an additional 359 shares during the period. O Shaughnessy Asset Management LLC purchased a new stake in Dimensional US Large Cap Value ETF during the fourth quarter valued at about $55,000. Wells Fargo & Company MN lifted its stake in Dimensional US Large Cap Value ETF by 1,117.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,192 shares of the company’s stock valued at $75,000 after buying an additional 2,012 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Dimensional US Large Cap Value ETF by 214.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,242 shares of the company’s stock worth $101,000 after buying an additional 2,211 shares during the period.

Dimensional US Large Cap Value ETF Trading Up 0.4%

Shares of DFLV traded up $0.16 during midday trading on Friday, hitting $40.00. The stock had a trading volume of 856,134 shares, compared to its average volume of 944,765. The business has a 50-day simple moving average of $39.12 and a two-hundred day simple moving average of $37.14. The firm has a market cap of $6.52 billion, a P/E ratio of 15.63 and a beta of 0.79. Dimensional US Large Cap Value ETF has a fifty-two week low of $30.65 and a fifty-two week high of $40.25.

Dimensional US Large Cap Value ETF Profile

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.