XY Planning Network Inc. Takes $496,000 Position in Morgan Dempsey Large Cap Value ETF $MDLV

XY Planning Network Inc. purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF (BATS:MDLV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,137 shares of the company’s stock, valued at approximately $496,000.

Other large investors have also recently added to or reduced their stakes in the company. Waverly Advisors LLC acquired a new position in Morgan Dempsey Large Cap Value ETF in the second quarter worth $93,000. Hudock Inc. bought a new stake in Morgan Dempsey Large Cap Value ETF during the second quarter valued at $109,000. Rareview Capital LLC acquired a new stake in shares of Morgan Dempsey Large Cap Value ETF during the second quarter worth $159,000. OLD Mission Capital LLC acquired a new stake in shares of Morgan Dempsey Large Cap Value ETF during the fourth quarter worth $228,000. Finally, Susquehanna International Group LLP lifted its position in shares of Morgan Dempsey Large Cap Value ETF by 56.2% in the 3rd quarter. Susquehanna International Group LLP now owns 14,729 shares of the company’s stock worth $412,000 after buying an additional 5,300 shares during the last quarter.

Morgan Dempsey Large Cap Value ETF Stock Performance

Morgan Dempsey Large Cap Value ETF stock opened at $31.63 on Thursday. Morgan Dempsey Large Cap Value ETF has a 1 year low of $27.37 and a 1 year high of $32.17. The firm’s 50-day moving average is $31.61 and its 200-day moving average is $30.99. The company has a market cap of $30.68 million, a P/E ratio of 16.21 and a beta of 0.53.

Morgan Dempsey Large Cap Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a dividend of $0.1778 per share. The ex-dividend date was Monday, June 29th. This represents a $0.71 annualized dividend and a yield of 2.2%.

Morgan Dempsey Large Cap Value ETF Profile

The Morgan Dempsey Large Cap Value ETF (MDLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria. MDLV was launched on Apr 26, 2023 and is managed by Morgan Dempsey.