Dimensional International Value ETF (NYSEARCA:DFIV) Sets New 12-Month High – What’s Next?

Shares of Dimensional International Value ETF (NYSEARCA:DFIV) reached a new 52-week high during trading on Tuesday . The stock traded as high as $50.02 and last traded at $49.9970, with a volume of 101191 shares changing hands. The stock had previously closed at $49.74.

Dimensional International Value ETF Stock Up 0.4%

The firm’s 50-day simple moving average is $47.49 and its 200-day simple moving average is $45.54. The firm has a market capitalization of $15.20 billion, a PE ratio of 12.09 and a beta of 0.71.

Institutional Trading of Dimensional International Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DFIV. Northwestern Mutual Wealth Management Co. increased its position in shares of Dimensional International Value ETF by 9.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,884,410 shares of the company’s stock valued at $1,239,909,000 after acquiring an additional 2,256,850 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Dimensional International Value ETF by 5.5% in the second quarter. Envestnet Asset Management Inc. now owns 21,129,796 shares of the company’s stock worth $904,989,000 after purchasing an additional 1,103,797 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Dimensional International Value ETF by 5.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 20,947,294 shares of the company’s stock valued at $966,089,000 after purchasing an additional 1,026,598 shares during the period. PNC Financial Services Group Inc. raised its position in Dimensional International Value ETF by 76.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 13,843,342 shares of the company’s stock valued at $638,455,000 after purchasing an additional 6,008,895 shares during the last quarter. Finally, Focus Partners Wealth lifted its holdings in Dimensional International Value ETF by 5.1% in the 3rd quarter. Focus Partners Wealth now owns 12,280,302 shares of the company’s stock worth $566,369,000 after buying an additional 599,488 shares during the period.

About Dimensional International Value ETF

The Dimensional International Value ETF (DFIV) is an exchange-traded fund that is based on the MSCI World ex USA (net div.) index. The fund is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns. DFIV was launched on Apr 16, 1999 and is managed by Dimensional.