Summit Portfolio Management LTD. Acquires New Position in Dimensional US Marketwide Value ETF $DFUV

Summit Portfolio Management LTD. acquired a new position in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) during the first quarter, HoldingsChannel reports. The fund acquired 146,929 shares of the company’s stock, valued at approximately $7,120,000. Dimensional US Marketwide Value ETF makes up approximately 4.6% of Summit Portfolio Management LTD.’s portfolio, making the stock its 9th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Corient Private Wealth LLC increased its holdings in Dimensional US Marketwide Value ETF by 51.1% in the fourth quarter. Corient Private Wealth LLC now owns 9,951,259 shares of the company’s stock valued at $463,629,000 after buying an additional 3,365,477 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of 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 worth $1,704,285,000 after acquiring an additional 2,035,838 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Dimensional US Marketwide Value ETF by 9.8% during the 3rd quarter. Focus Partners Wealth now owns 14,681,894 shares of the company’s stock worth $656,329,000 after acquiring an additional 1,316,062 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its holdings in shares of Dimensional US Marketwide Value ETF by 22.7% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 4,636,422 shares of the company’s stock worth $216,011,000 after acquiring an additional 857,772 shares during the period. Finally, Guardian Wealth Management LLC acquired a new stake in shares of Dimensional US Marketwide Value ETF in the 4th quarter worth approximately $39,840,000.

Dimensional US Marketwide Value ETF Price Performance

NYSEARCA DFUV opened at $54.43 on Thursday. The business has a 50 day moving average price of $53.69 and a 200 day moving average price of $50.69. The company has a market capitalization of $15.14 billion, a P/E ratio of 15.88 and a beta of 0.89. Dimensional US Marketwide Value ETF has a 1-year low of $41.62 and a 1-year high of $55.65.

Dimensional US Marketwide Value ETF 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.