Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 52-Week High – Here’s Why

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $41.02 and last traded at $41.02, with a volume of 94365 shares trading hands. The stock had previously closed at $40.98.

Dimensional US Large Cap Value ETF Trading Up 1.1%

The company has a market cap of $6.85 billion, a price-to-earnings ratio of 15.63 and a beta of 0.79. The firm’s fifty day simple moving average is $39.80 and its 200 day simple moving average is $37.78.

Institutional Investors Weigh In On Dimensional US Large Cap Value ETF

Institutional investors have recently modified their holdings of the company. Private Wealth Asset Management LLC purchased a new position in Dimensional US Large Cap Value ETF in the fourth quarter valued at $29,000. Vermillion Wealth Management Inc. lifted its holdings in Dimensional US Large Cap Value ETF by 58.4% during the 1st quarter. Vermillion Wealth Management Inc. now owns 974 shares of the company’s stock worth $35,000 after buying an additional 359 shares during the last quarter. Angeles Wealth Management LLC purchased a new stake in Dimensional US Large Cap Value ETF during the 1st quarter worth about $41,000. O Shaughnessy Asset Management LLC acquired a new position in shares of Dimensional US Large Cap Value ETF during the 4th quarter worth about $55,000. Finally, Wells Fargo & Company MN boosted its position in shares of Dimensional US Large Cap Value ETF by 1,117.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,192 shares of the company’s stock worth $75,000 after acquiring an additional 2,012 shares in 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.