Powerhouse Assets LLC Takes Position in Dimensional US Marketwide Value ETF $DFUV

Powerhouse Assets LLC acquired a new stake in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,193 shares of the company’s stock, valued at approximately $754,000. Dimensional US Marketwide Value ETF makes up approximately 0.7% of Powerhouse Assets LLC’s portfolio, making the stock its 25th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV increased its position in Dimensional US Marketwide Value ETF by 5.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 38,135,706 shares of the company’s stock valued at $1,704,285,000 after purchasing an additional 2,035,838 shares during the period. Focus Partners Wealth boosted its stake in shares of Dimensional US Marketwide Value ETF by 9.8% during the third quarter. Focus Partners Wealth now owns 14,681,894 shares of the company’s stock valued at $656,329,000 after purchasing an additional 1,316,062 shares in the last quarter. McMill Wealth Management bought a new position in shares of Dimensional US Marketwide Value ETF during the third quarter valued at approximately $31,888,000. Index Fund Advisors Inc. increased its holdings in Dimensional US Marketwide Value ETF by 10.6% during the third quarter. Index Fund Advisors Inc. now owns 5,827,280 shares of the company’s stock valued at $260,421,000 after buying an additional 560,081 shares during the period. Finally, TCI Wealth Advisors Inc. increased its holdings in Dimensional US Marketwide Value ETF by 10.9% during the third quarter. TCI Wealth Advisors Inc. now owns 3,041,107 shares of the company’s stock valued at $135,907,000 after buying an additional 299,159 shares during the period.

Dimensional US Marketwide Value ETF Stock Up 0.3%

Shares of NYSEARCA:DFUV opened at $48.60 on Thursday. The firm has a 50 day moving average of $49.31 and a 200 day moving average of $46.97. The company has a market capitalization of $13.39 billion, a price-to-earnings ratio of 15.88 and a beta of 0.96. Dimensional US Marketwide Value ETF has a 52 week low of $35.38 and a 52 week high of $51.12.

About Dimensional US Marketwide Value ETF

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.