SB Capital Management Inc Invests $12.33 Million in Dimensional US Marketwide Value ETF $DFUV

SB Capital Management Inc purchased a new position in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) during the fourth quarter, HoldingsChannel reports. The firm purchased 264,597 shares of the company’s stock, valued at approximately $12,328,000. Dimensional US Marketwide Value ETF comprises 4.5% of SB Capital Management Inc’s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Professional Financial Solutions LLC ADV purchased a new stake in shares of Dimensional US Marketwide Value ETF in the fourth quarter valued at approximately $13,709,000. Axxcess Wealth Management LLC acquired a new position in Dimensional US Marketwide Value ETF during the fourth quarter worth $358,000. Corient Private Wealth LLC raised its position in Dimensional US Marketwide Value ETF by 51.0% in the fourth quarter. Corient Private Wealth LLC now owns 9,946,239 shares of the company’s stock worth $463,395,000 after acquiring an additional 3,360,457 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Dimensional US Marketwide Value ETF by 4.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 39,863,226 shares of the company’s stock worth $1,857,237,000 after acquiring an additional 1,727,520 shares in the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in Dimensional US Marketwide Value ETF by 8.5% in the fourth quarter. Beacon Pointe Advisors LLC now owns 1,319,434 shares of the company’s stock valued at $61,472,000 after acquiring an additional 103,281 shares during the period.

Dimensional US Marketwide Value ETF Stock Performance

Shares of NYSEARCA DFUV opened at $54.62 on Friday. Dimensional US Marketwide Value ETF has a one year low of $41.18 and a one year high of $55.47. The firm has a market capitalization of $15.20 billion, a P/E ratio of 15.88 and a beta of 0.90. The company’s fifty day moving average is $52.51 and its two-hundred day moving average is $49.84.

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.