Dimensional International Value ETF (NYSEARCA:DFIV) Hits New 52-Week High – Still a Buy?

Dimensional International Value ETF (NYSEARCA:DFIV)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $48.87 and last traded at $48.8210, with a volume of 315582 shares changing hands. The stock had previously closed at $48.57.

Dimensional International Value ETF Stock Up 0.6%

The firm’s 50 day moving average is $46.89 and its 200-day moving average is $45.09. The firm has a market cap of $14.87 billion, a PE ratio of 12.09 and a beta of 0.71.

Institutional Investors Weigh In On Dimensional International Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DFIV. Northwestern Mutual Wealth Management Co. raised its stake in shares of Dimensional International Value ETF by 1,676.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,627,560 shares of the company’s stock valued at $1,054,798,000 after purchasing an additional 23,241,330 shares during the period. PNC Financial Services Group Inc. grew its holdings in Dimensional International Value ETF by 76.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 13,843,342 shares of the company’s stock valued at $638,455,000 after purchasing an additional 6,008,895 shares in the last quarter. Jane Street Group LLC purchased a new stake in Dimensional International Value ETF during the 1st quarter worth $81,583,000. Farther Finance Advisors LLC boosted its position in Dimensional International Value ETF by 603.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,220,435 shares of the company’s stock valued at $102,406,000 after buying an additional 1,904,648 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Dimensional International Value ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 21,129,796 shares of the company’s stock valued at $904,989,000 after acquiring an additional 1,103,797 shares in the last quarter.

Dimensional International Value ETF Company Profile

The Dimensional International Value ETF (DFIV) is an exchange-traded fund that is based on the MSCI World ex USA (net div.) index. The fund is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns. DFIV was launched on Apr 16, 1999 and is managed by Dimensional.