Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Reaches New 12-Month High – What’s Next?

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) hit a new 52-week high on Friday . The company traded as high as $45.90 and last traded at $45.92, with a volume of 71588 shares changing hands. The stock had previously closed at $45.59.

Dimensional US Marketwide Value ETF Trading Up 0.6%

The stock has a market capitalization of $12.61 billion, a price-to-earnings ratio of 15.88 and a beta of 0.96. The company has a fifty day moving average of $44.72 and a two-hundred day moving average of $43.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. CIBC Private Wealth Group LLC grew its position in shares of Dimensional US Marketwide Value ETF by 20.6% in the third quarter. CIBC Private Wealth Group LLC now owns 11,411 shares of the company’s stock valued at $510,000 after purchasing an additional 1,949 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Dimensional US Marketwide Value ETF in the third quarter valued at approximately $510,000. Financial Engines Advisors L.L.C. grew its stake in shares of Dimensional US Marketwide Value ETF by 0.5% in the third quarter. Financial Engines Advisors L.L.C. now owns 416,741 shares of the company’s stock worth $18,624,000 after acquiring an additional 1,939 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Dimensional US Marketwide Value ETF by 5.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 38,135,706 shares of the company’s stock valued at $1,704,285,000 after purchasing an additional 2,035,838 shares during the last quarter. Finally, Lido Advisors LLC boosted its holdings in Dimensional US Marketwide Value ETF by 10.2% in the 3rd quarter. Lido Advisors LLC now owns 12,455 shares of the company’s stock valued at $557,000 after purchasing an additional 1,153 shares during the period.

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.