Modera Wealth Management LLC Cuts Stock Holdings in Dimensional US Marketwide Value ETF $DFUV

Modera Wealth Management LLC reduced its position in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,194,706 shares of the company’s stock after selling 46,786 shares during the period. Dimensional US Marketwide Value ETF makes up approximately 1.2% of Modera Wealth Management LLC’s portfolio, making the stock its 21st largest position. Modera Wealth Management LLC owned about 0.80% of Dimensional US Marketwide Value ETF worth $102,251,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC purchased a new position in Dimensional US Marketwide Value ETF during the third quarter worth about $46,000. ST Germain D J Co. Inc. purchased a new position in Dimensional US Marketwide Value ETF during the third quarter worth about $54,000. Retirement Wealth Solutions LLC purchased a new position in Dimensional US Marketwide Value ETF during the third quarter worth about $60,000. CNB Bank purchased a new position in Dimensional US Marketwide Value ETF during the third quarter worth about $97,000. Finally, Abound Wealth Management purchased a new position in Dimensional US Marketwide Value ETF during the third quarter worth about $111,000.

Dimensional US Marketwide Value ETF Stock Up 0.5%

NYSEARCA DFUV opened at $48.91 on Tuesday. The stock has a market capitalization of $13.57 billion, a P/E ratio of 15.88 and a beta of 0.96. Dimensional US Marketwide Value ETF has a 52-week low of $35.38 and a 52-week high of $51.12. The firm has a 50-day moving average price of $49.31 and a 200 day moving average price of $47.07.

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.