Royal Bank of Canada Boosts Position in Dimensional US Small Cap Value ETF $DFSV

Royal Bank of Canada increased its holdings in Dimensional US Small Cap Value ETF (NYSEARCA:DFSV) by 23.0% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 674,902 shares of the company’s stock after buying an additional 126,376 shares during the period. Royal Bank of Canada’s holdings in Dimensional US Small Cap Value ETF were worth $23,649,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Blueline Advisors LLC bought a new position in shares of Dimensional US Small Cap Value ETF during the 4th quarter valued at about $31,000. Concord Wealth Partners increased its stake in shares of Dimensional US Small Cap Value ETF by 149.0% in the fourth quarter. Concord Wealth Partners now owns 991 shares of the company’s stock worth $33,000 after buying an additional 593 shares during the period. Sound Income Strategies LLC purchased a new position in shares of Dimensional US Small Cap Value ETF in the fourth quarter valued at about $44,000. Arax Advisory Partners bought a new position in Dimensional US Small Cap Value ETF during the 4th quarter valued at approximately $44,000. Finally, Fifth Third Bancorp raised its holdings in shares of Dimensional US Small Cap Value ETF by 300.3% during the first quarter. Fifth Third Bancorp now owns 1,397 shares of the company’s stock valued at $49,000 after acquiring an additional 1,048 shares in the last quarter.

Dimensional US Small Cap Value ETF Price Performance

Shares of DFSV opened at $40.30 on Thursday. Dimensional US Small Cap Value ETF has a one year low of $29.60 and a one year high of $40.74. The firm has a market capitalization of $8.34 billion, a PE ratio of 11.87 and a beta of 1.03. The company has a 50-day simple moving average of $38.79 and a two-hundred day simple moving average of $37.04.

Dimensional US Small Cap Value ETF Profile

The Dimensional US Small Cap Value ETF (DFSV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in broad and diverse portfolio of US small-cap companies. Stock selection is based on value characteristics and weighted by market capitalization. DFSV was launched on Feb 24, 2022 and is managed by Dimensional.