Summit Wealth Group LLC Has $10.81 Million Stake in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)

Summit Wealth Group LLC increased its stake in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 264,086 shares of the company’s stock after acquiring an additional 8,633 shares during the quarter. Dimensional US Marketwide Value ETF comprises 3.1% of Summit Wealth Group LLC’s investment portfolio, making the stock its 8th biggest position. Summit Wealth Group LLC’s holdings in Dimensional US Marketwide Value ETF were worth $10,806,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Dimensional US Marketwide Value ETF by 6.5% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,635,288 shares of the company’s stock worth $107,836,000 after buying an additional 160,394 shares during the period. Cerity Partners LLC boosted its holdings in shares of Dimensional US Marketwide Value ETF by 3.0% during the 3rd quarter. Cerity Partners LLC now owns 2,510,125 shares of the company’s stock worth $104,647,000 after buying an additional 74,115 shares during the period. TCI Wealth Advisors Inc. boosted its holdings in shares of Dimensional US Marketwide Value ETF by 2.0% during the 4th quarter. TCI Wealth Advisors Inc. now owns 2,287,765 shares of the company’s stock worth $93,615,000 after buying an additional 44,653 shares during the period. Root Financial Partners LLC boosted its holdings in shares of Dimensional US Marketwide Value ETF by 31.9% during the 4th quarter. Root Financial Partners LLC now owns 1,518,933 shares of the company’s stock worth $62,155,000 after buying an additional 367,566 shares during the period. Finally, RW Investment Management LLC boosted its holdings in shares of Dimensional US Marketwide Value ETF by 1.1% during the 3rd quarter. RW Investment Management LLC now owns 1,357,995 shares of the company’s stock worth $56,615,000 after buying an additional 15,430 shares during the period.

Dimensional US Marketwide Value ETF Stock Performance

Shares of DFUV stock opened at $42.32 on Wednesday. The company has a market capitalization of $11.08 billion, a price-to-earnings ratio of 13.63 and a beta of 0.85. The company has a 50-day simple moving average of $42.08 and a 200 day simple moving average of $42.01. Dimensional US Marketwide Value ETF has a 52 week low of $38.09 and a 52 week high of $44.61.

Dimensional US Marketwide Value ETF Company Profile

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.