NewEdge Advisors LLC Decreases Stock Position in Dimensional US Large Cap Value ETF $DFLV

NewEdge Advisors LLC decreased its position in Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 181,585 shares of the company’s stock after selling 15,661 shares during the quarter. NewEdge Advisors LLC owned 0.12% of Dimensional US Large Cap Value ETF worth $6,484,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Private Wealth Asset Management LLC purchased a new position in shares of Dimensional US Large Cap Value ETF in the fourth quarter valued at $29,000. Vermillion Wealth Management Inc. increased its stake 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 period. Angeles Wealth Management LLC purchased a new stake in Dimensional US Large Cap Value ETF during the 1st quarter worth $41,000. O Shaughnessy Asset Management LLC acquired a new position in Dimensional US Large Cap Value ETF in the 4th quarter worth $55,000. Finally, Wells Fargo & Company MN lifted its holdings in Dimensional US Large Cap Value ETF by 1,117.8% in the 4th quarter. Wells Fargo & Company MN now owns 2,192 shares of the company’s stock worth $75,000 after buying an additional 2,012 shares in the last quarter.

Dimensional US Large Cap Value ETF Price Performance

NYSEARCA:DFLV opened at $41.84 on Tuesday. The firm has a 50-day moving average of $40.03 and a two-hundred day moving average of $38.00. The stock has a market cap of $6.95 billion, a P/E ratio of 15.63 and a beta of 0.78. Dimensional US Large Cap Value ETF has a 1-year low of $31.17 and a 1-year high of $41.85.

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.