Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Reaches New 12-Month High – Still a Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) shares reached a new 52-week high on Thursday . The stock traded as high as $36.18 and last traded at $35.6750, with a volume of 251660 shares traded. The stock had previously closed at $35.78.

Dimensional US Large Cap Value ETF Stock Down 0.2%

The firm has a market capitalization of $4.98 billion, a PE ratio of 15.63 and a beta of 0.91. The company has a 50-day moving average of $34.63 and a 200 day moving average of $33.16.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its stake in Dimensional US Large Cap Value ETF by 22.6% in the first quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock worth $356,000 after buying an additional 2,143 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Dimensional US Large Cap Value ETF during the 1st quarter valued at about $826,000. Triad Wealth Partners LLC boosted its stake in shares of Dimensional US Large Cap Value ETF by 118.3% in the second quarter. Triad Wealth Partners LLC now owns 14,721 shares of the company’s stock worth $457,000 after acquiring an additional 7,976 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in Dimensional US Large Cap Value ETF by 261.9% during the second quarter. Wealthcare Advisory Partners LLC now owns 100,936 shares of the company’s stock valued at $3,131,000 after buying an additional 73,045 shares during the last quarter. Finally, Gemmer Asset Management LLC raised its position in Dimensional US Large Cap Value ETF by 2.9% during the second quarter. Gemmer Asset Management LLC now owns 243,224 shares of the company’s stock valued at $7,545,000 after purchasing an additional 6,845 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.