Northwestern Mutual Wealth Management Co. Acquires 2,578,543 Shares of Dimensional International Value ETF $DFIV

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Dimensional International Value ETF (NYSEARCA:DFIV) by 9.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 29,462,953 shares of the company’s stock after buying an additional 2,578,543 shares during the period. Dimensional International Value ETF comprises about 0.9% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 19th biggest position. Northwestern Mutual Wealth Management Co. owned about 0.09% of Dimensional International Value ETF worth $1,470,201,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Embree Financial Group boosted its stake in Dimensional International Value ETF by 24.1% during the fourth quarter. Embree Financial Group now owns 379,530 shares of the company’s stock valued at $18,939,000 after buying an additional 73,689 shares during the period. Baring Financial LLC bought a new stake in Dimensional International Value ETF during the fourth quarter valued at $3,309,000. Clark Asset Management LLC boosted its stake in Dimensional International Value ETF by 69.2% during the fourth quarter. Clark Asset Management LLC now owns 43,310 shares of the company’s stock valued at $2,161,000 after buying an additional 17,712 shares during the period. Elmwood Wealth Management Inc. bought a new stake in Dimensional International Value ETF during the fourth quarter valued at $1,170,000. Finally, Forteris Wealth Management Inc. bought a new stake in Dimensional International Value ETF during the fourth quarter valued at $3,375,000.

Dimensional International Value ETF Stock Performance

NYSEARCA:DFIV opened at $55.61 on Friday. The firm has a market capitalization of $19.47 billion, a price-to-earnings ratio of 12.09 and a beta of 0.68. Dimensional International Value ETF has a 52-week low of $41.90 and a 52-week high of $56.31. The stock has a fifty day moving average of $54.29 and a 200 day moving average of $52.34.

About Dimensional International Value ETF

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.