NewEdge Advisors LLC Cuts Position in Dimensional US Large Cap Value ETF $DFLV

NewEdge Advisors LLC trimmed its stake in Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) by 8.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 181,387 shares of the company’s stock after selling 15,859 shares during the period. NewEdge Advisors LLC’s holdings in Dimensional US Large Cap Value ETF were worth $6,477,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DFLV. Sterling Financial Planning Inc. grew its stake in Dimensional US Large Cap Value ETF by 1.1% in the fourth quarter. Sterling Financial Planning Inc. now owns 27,119 shares of the company’s stock valued at $928,000 after purchasing an additional 303 shares during the last quarter. Strategent Financial LLC raised its holdings in Dimensional US Large Cap Value ETF by 0.4% in the first quarter. Strategent Financial LLC now owns 94,883 shares of the company’s stock worth $3,388,000 after purchasing an additional 346 shares in the last quarter. Vermillion Wealth Management Inc. raised its holdings in Dimensional US Large Cap Value ETF by 58.4% in the first quarter. Vermillion Wealth Management Inc. now owns 974 shares of the company’s stock worth $35,000 after purchasing an additional 359 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of Dimensional US Large Cap Value ETF by 4.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 7,832 shares of the company’s stock valued at $268,000 after buying an additional 364 shares during the last quarter. Finally, RAM Investment Partners LLC lifted its position in shares of Dimensional US Large Cap Value ETF by 4.2% during the fourth quarter. RAM Investment Partners LLC now owns 9,149 shares of the company’s stock valued at $313,000 after buying an additional 366 shares during the last quarter.

Dimensional US Large Cap Value ETF Stock Performance

NYSEARCA:DFLV opened at $40.55 on Friday. The company’s 50-day simple moving average is $39.71 and its 200-day simple moving average is $37.71. Dimensional US Large Cap Value ETF has a fifty-two week low of $30.65 and a fifty-two week high of $41.00. The stock has a market capitalization of $6.70 billion, a P/E ratio of 15.63 and a beta of 0.79.

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.