Summit Financial Strategies Inc. Grows Stake in Dimensional US Large Cap Value ETF $DFLV

Summit Financial Strategies Inc. increased its holdings in shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,201,232 shares of the company’s stock after purchasing an additional 193,954 shares during the period. Dimensional US Large Cap Value ETF accounts for 6.2% of Summit Financial Strategies Inc.’s holdings, making the stock its 6th biggest holding. Summit Financial Strategies Inc. owned about 1.59% of Dimensional US Large Cap Value ETF worth $75,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFLV. Royal Bank of Canada boosted its stake in shares of 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 valued at $356,000 after purchasing an additional 2,143 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Dimensional US Large Cap Value ETF during the first quarter valued at approximately $826,000. Northwestern Mutual Wealth Management Co. lifted its position in Dimensional US Large Cap Value ETF by 214.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,242 shares of the company’s stock valued at $101,000 after acquiring an additional 2,211 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in Dimensional US Large Cap Value ETF by 471.0% during the second quarter. Qube Research & Technologies Ltd now owns 5,105 shares of the company’s stock valued at $158,000 after acquiring an additional 4,211 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in Dimensional US Large Cap Value ETF by 124.4% during the second quarter. Quantinno Capital Management LP now owns 25,556 shares of the company’s stock valued at $793,000 after acquiring an additional 14,167 shares during the last quarter.

Dimensional US Large Cap Value ETF Stock Up 0.7%

NYSEARCA:DFLV opened at $37.35 on Friday. Dimensional US Large Cap Value ETF has a 52 week low of $27.45 and a 52 week high of $37.50. The firm has a 50 day moving average of $36.37 and a 200 day moving average of $34.83. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of 15.63 and a beta of 0.85.

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.