Sequoia Financial Advisors LLC Reduces Stock Position in Dimensional US Marketwide Value ETF $DFUV

Sequoia Financial Advisors LLC cut its stake in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 3.9% in the second quarter, Holdings Channel.com reports. The firm owned 388,473 shares of the company’s stock after selling 15,933 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Dimensional US Marketwide Value ETF were worth $16,425,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in DFUV. Fortitude Family Office LLC grew its position in Dimensional US Marketwide Value ETF by 31.6% in the second quarter. Fortitude Family Office LLC now owns 1,040 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares during the period. CX Institutional purchased a new position in Dimensional US Marketwide Value ETF in the first quarter worth approximately $53,000. Compass Wealth Management LLC purchased a new position in Dimensional US Marketwide Value ETF in the first quarter worth approximately $71,000. Asset Dedication LLC purchased a new position in Dimensional US Marketwide Value ETF in the first quarter worth approximately $71,000. Finally, Ameritas Advisory Services LLC purchased a new position in Dimensional US Marketwide Value ETF in the second quarter worth approximately $85,000.

Dimensional US Marketwide Value ETF Stock Performance

Shares of Dimensional US Marketwide Value ETF stock opened at $43.57 on Monday. The firm has a market capitalization of $11.96 billion, a price-to-earnings ratio of 15.88 and a beta of 1.12. Dimensional US Marketwide Value ETF has a fifty-two week low of $35.38 and a fifty-two week high of $45.34. The stock has a 50 day moving average of $44.06 and a 200 day moving average of $41.95.

Dimensional US Marketwide Value ETF Profile

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.