Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Sets New 52-Week High – Here’s Why

Shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) reached a new 52-week high on Wednesday. The company traded as high as $42.38 and last traded at $42.3540, with a volume of 563,139 shares. The stock had previously closed at $41.71.

Dimensional US Large Cap Value ETF Trading Up 1.6%

The firm has a fifty day simple moving average of $41.34 and a 200 day simple moving average of $38.99. The stock has a market cap of $7.47 billion, a price-to-earnings ratio of 15.63 and a beta of 0.79.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DFLV. Quantinno Capital Management LP boosted its holdings in Dimensional US Large Cap Value ETF by 106.6% during the first quarter. Quantinno Capital Management LP now owns 103,757 shares of the company’s stock valued at $3,705,000 after purchasing an additional 53,535 shares in the last quarter. Staley Capital Advisers Inc. boosted its stake in shares of Dimensional US Large Cap Value ETF by 29.1% in the 1st quarter. Staley Capital Advisers Inc. now owns 68,994 shares of the company’s stock valued at $2,464,000 after purchasing an additional 15,565 shares in the last quarter. Security National Bank of Sioux City Iowa IA grew its holdings in shares of Dimensional US Large Cap Value ETF by 111.6% in the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 24,585 shares of the company’s stock worth $972,000 after purchasing an additional 12,967 shares during the last quarter. Tobias Financial Advisors Inc. grew its holdings in shares of Dimensional US Large Cap Value ETF by 3.4% in the 2nd quarter. Tobias Financial Advisors Inc. now owns 715,031 shares of the company’s stock worth $28,272,000 after purchasing an additional 23,840 shares during the last quarter. Finally, Summit Financial Strategies Inc. grew its holdings in shares of Dimensional US Large Cap Value ETF by 3.0% in the 2nd quarter. Summit Financial Strategies Inc. now owns 2,481,330 shares of the company’s stock worth $98,112,000 after purchasing an additional 73,061 shares during the last quarter.

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.