Dimensional International Value ETF (NYSEARCA:DFIV) Reaches New 52-Week High – Here’s Why

Dimensional International Value ETF (NYSEARCA:DFIV) reached a new 52-week high during trading on Monday . The company traded as high as $54.93 and last traded at $54.7010, with a volume of 708 shares trading hands. The stock had previously closed at $54.52.

Dimensional International Value ETF Trading Up 1.0%

The company has a market cap of $17.82 billion, a P/E ratio of 12.09 and a beta of 0.71. The company’s 50-day moving average price is $50.74 and its two-hundred day moving average price is $47.61.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Dimensional International Value ETF by 9.2% during the 3rd 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 in the last quarter. Envestnet Asset Management Inc. increased its stake in Dimensional International Value ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 21,129,796 shares of the company’s stock valued at $904,989,000 after purchasing an additional 1,103,797 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Dimensional International Value ETF by 5.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 20,947,294 shares of the company’s stock worth $966,089,000 after purchasing an additional 1,026,598 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Dimensional International Value ETF by 11.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,474,236 shares of the company’s stock worth $772,164,000 after buying an additional 1,630,894 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in shares of 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 valued at $566,369,000 after buying an additional 599,488 shares during the period.

Dimensional International Value ETF Company Profile

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.