Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Reaches New 52-Week High – Still a Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $35.81 and last traded at $35.7070, with a volume of 1177851 shares. The stock had previously closed at $35.09.

Dimensional US Large Cap Value ETF Stock Up 1.7%

The stock has a fifty day simple moving average of $34.16 and a 200-day simple moving average of $32.94. The company has a market capitalization of $4.92 billion, a P/E ratio of 15.63 and a beta of 0.91.

Institutional Trading of Dimensional US Large Cap Value ETF

Several large investors have recently added to or reduced their stakes in DFLV. Royal Bank of Canada raised its stake in shares of Dimensional US Large Cap Value ETF by 22.6% in the first quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock valued at $356,000 after acquiring an additional 2,143 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Dimensional US Large Cap Value ETF during the 1st quarter valued at $826,000. Farther Finance Advisors LLC raised its position in Dimensional US Large Cap Value ETF by 1.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 67,492 shares of the company’s stock valued at $2,094,000 after purchasing an additional 902 shares during the last quarter. Park Avenue Securities LLC bought a new position in Dimensional US Large Cap Value ETF in the 2nd quarter valued at $3,757,000. Finally, ABLE Financial Group LLC acquired a new position in Dimensional US Large Cap Value ETF in the second quarter worth $322,000.

About Dimensional US Large Cap Value ETF

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.