Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sets New 12-Month High – Should You Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $45.08 and last traded at $45.12, with a volume of 21745 shares changing hands. The stock had previously closed at $44.73.

Dimensional US Marketwide Value ETF Stock Up 0.6%

The stock has a market capitalization of $12.36 billion, a P/E ratio of 15.88 and a beta of 1.12. The business has a fifty day moving average price of $43.88 and a 200-day moving average price of $41.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. CX Institutional bought a new position in shares of Dimensional US Marketwide Value ETF during the first quarter valued at $53,000. Fifth Third Bancorp lifted its holdings in shares of Dimensional US Marketwide Value ETF by 2.9% during the first quarter. Fifth Third Bancorp now owns 20,834 shares of the company’s stock valued at $859,000 after purchasing an additional 584 shares in the last quarter. XY Planning Network Inc. lifted its holdings in shares of Dimensional US Marketwide Value ETF by 85.3% during the second quarter. XY Planning Network Inc. now owns 20,588 shares of the company’s stock valued at $870,000 after purchasing an additional 9,476 shares in the last quarter. Advisors Capital Management LLC bought a new position in shares of Dimensional US Marketwide Value ETF during the first quarter valued at $278,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Dimensional US Marketwide Value ETF by 25.5% during the first quarter. Janney Montgomery Scott LLC now owns 18,362 shares of the company’s stock valued at $757,000 after purchasing an additional 3,733 shares in the last quarter.

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.