Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Reaches New 1-Year High – Here’s What Happened

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) hit a new 52-week high on Thursday . The stock traded as high as $55.90 and last traded at $55.02, with a volume of 563706 shares traded. The stock had previously closed at $55.80.

Dimensional US Marketwide Value ETF Trading Down 1.4%

The company has a 50-day moving average of $54.58 and a 200-day moving average of $51.53. The company has a market capitalization of $15.27 billion, a price-to-earnings ratio of 15.88 and a beta of 0.89.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

Several hedge funds have recently modified their holdings of the stock. Rothschild Investment LLC purchased a new position in shares of Dimensional US Marketwide Value ETF in the 4th quarter valued at approximately $27,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Dimensional US Marketwide Value ETF during the 1st quarter worth approximately $33,000. VSM Wealth Advisory LLC acquired a new position in Dimensional US Marketwide Value ETF during the 4th quarter valued at approximately $47,000. Arax Advisory Partners acquired a new position in Dimensional US Marketwide Value ETF during the 4th quarter valued at approximately $53,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in Dimensional US Marketwide Value ETF during the 1st quarter valued at approximately $66,000.

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.