Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Sets New 12-Month High – What’s Next?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $34.98 and last traded at $35.0340, with a volume of 64791 shares traded. The stock had previously closed at $34.63.

Dimensional US Large Cap Value ETF Stock Up 1.6%

The company has a market capitalization of $4.77 billion, a PE ratio of 15.63 and a beta of 0.91. The company has a 50-day moving average price of $33.57 and a two-hundred day moving average price of $32.58.

Institutional Investors Weigh In On Dimensional US Large Cap Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Dimensional US Large Cap Value ETF in the first quarter worth $32,000. Royal Bank of Canada lifted its stake in Dimensional US Large Cap Value ETF by 22.6% during the first quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock worth $356,000 after purchasing an additional 2,143 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Dimensional US Large Cap Value ETF in the 1st quarter worth about $826,000. Signature Estate & Investment Advisors LLC increased its position in shares of Dimensional US Large Cap Value ETF by 20.2% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 46,828 shares of the company’s stock valued at $1,432,000 after purchasing an additional 7,884 shares during the last quarter. Finally, Advisory Alpha LLC raised its holdings in shares of Dimensional US Large Cap Value ETF by 14.7% during the 1st quarter. Advisory Alpha LLC now owns 338,216 shares of the company’s stock valued at $10,339,000 after buying an additional 43,332 shares in the last quarter.

About Dimensional US Large Cap Value ETF

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.