Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 52-Week High – Time to Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) reached a new 52-week high during trading on Monday . The company traded as high as $42.22 and last traded at $42.16, with a volume of 72877 shares traded. The stock had previously closed at $42.13.

Dimensional US Large Cap Value ETF Stock Performance

The company has a 50-day moving average of $40.34 and a 200-day moving average of $38.26. The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 15.63 and a beta of 0.78.

Institutional Investors Weigh In On Dimensional US Large Cap Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Canvas Wealth Advisors LLC grew its position in shares of Dimensional US Large Cap Value ETF by 10.1% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 10,913 shares of the company’s stock valued at $432,000 after acquiring an additional 1,000 shares during the period. Fiduciary Financial Group LLC increased its holdings in shares of Dimensional US Large Cap Value ETF by 20.9% during the 2nd quarter. Fiduciary Financial Group LLC now owns 300,749 shares of the company’s stock worth $11,892,000 after acquiring an additional 51,909 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Dimensional US Large Cap Value ETF by 4.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 102,930 shares of the company’s stock worth $4,070,000 after acquiring an additional 4,204 shares during the last quarter. CPA Asset Management Group LLC bought a new stake in Dimensional US Large Cap Value ETF in the 2nd quarter valued at $8,112,000. Finally, Sax Wealth Advisors LLC raised its stake in Dimensional US Large Cap Value ETF by 8.0% in the 2nd quarter. Sax Wealth Advisors LLC now owns 311,098 shares of the company’s stock valued at $12,301,000 after acquiring an additional 22,954 shares during the period.

Dimensional US Large Cap Value ETF Company 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.