Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 12-Month High – Here’s What Happened

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) reached a new 52-week high on Thursday . The stock traded as high as $39.14 and last traded at $39.06, with a volume of 1348800 shares changing hands. The stock had previously closed at $39.07.

Dimensional US Large Cap Value ETF Trading Up 0.1%

The stock has a market cap of $6.07 billion, a P/E ratio of 15.63 and a beta of 0.81. The company has a 50-day moving average price of $37.25 and a two-hundred day moving average price of $35.87.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

Several large investors have recently modified their holdings of DFLV. Royal Bank of Canada increased its position in shares of Dimensional US Large Cap Value ETF by 22.6% during the 1st quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock valued at $356,000 after purchasing an additional 2,143 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Dimensional US Large Cap Value ETF during the 1st quarter valued at approximately $826,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Dimensional US Large Cap Value ETF by 214.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,242 shares of the company’s stock valued at $101,000 after purchasing an additional 2,211 shares during the last quarter. Qube Research & Technologies Ltd grew its position in Dimensional US Large Cap Value ETF by 471.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 5,105 shares of the company’s stock valued at $158,000 after acquiring an additional 4,211 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in Dimensional US Large Cap Value ETF by 124.4% in the 2nd quarter. Quantinno Capital Management LP now owns 25,556 shares of the company’s stock valued at $793,000 after acquiring an additional 14,167 shares during the last quarter.

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.