Short Interest in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Drops By 49.4%

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 70,658 shares, a decrease of 49.4% from the August 15th total of 139,657 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 406,167 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Dimensional US Marketwide Value ETF

A number of hedge funds have recently added to or reduced their stakes in DFUV. Concorde Asset Management LLC purchased a new stake in Dimensional US Marketwide Value ETF in the 2nd quarter valued at about $248,000. Integrated Wealth Concepts LLC boosted its stake in shares of Dimensional US Marketwide Value ETF by 1.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 770,681 shares of the company’s stock worth $42,395,000 after buying an additional 11,634 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Dimensional US Marketwide Value ETF by 18.7% in the second quarter. NewEdge Advisors LLC now owns 45,490 shares of the company’s stock valued at $2,502,000 after acquiring an additional 7,156 shares in the last quarter. IFP Advisors Inc increased its position in shares of Dimensional US Marketwide Value ETF by 15.5% during the second quarter. IFP Advisors Inc now owns 49,362 shares of the company’s stock valued at $2,715,000 after acquiring an additional 6,642 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in shares of Dimensional US Marketwide Value ETF by 7.4% during the second quarter. Waverly Advisors LLC now owns 28,395 shares of the company’s stock valued at $1,562,000 after acquiring an additional 1,945 shares during the last quarter.

Dimensional US Marketwide Value ETF Stock Performance

Shares of DFUV stock traded down $0.65 during mid-day trading on Wednesday, hitting $56.05. The company’s stock had a trading volume of 331,997 shares, compared to its average volume of 461,686. The company’s fifty day simple moving average is $56.41 and its 200-day simple moving average is $53.35. Dimensional US Marketwide Value ETF has a 52 week low of $43.56 and a 52 week high of $57.89. The company has a market cap of $15.55 billion, a PE ratio of 15.88 and a beta of 0.89.

Dimensional US Marketwide Value ETF Company Profile

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.