Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Raises Dividend to $0.52 Per Share

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) announced an annual dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.5222 per share on Tuesday, October 6th. This represents a dividend yield of 333.0%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 81.5% increase from Brandywine GLOBAL Dynamic US Large Cap Value ETF’s previous annual dividend of $0.2877.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Price Performance

NASDAQ:DVAL opened at $15.70 on Thursday. The company’s fifty day moving average price is $16.40 and its 200-day moving average price is $15.68. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 1-year low of $14.05 and a 1-year high of $16.83. The firm has a market capitalization of $66.72 million, a P/E ratio of 14.48 and a beta of 0.59.

Institutional Investors Weigh In On Brandywine GLOBAL Dynamic US Large Cap Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC raised its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 37.3% during the 2nd quarter. Citadel Advisors LLC now owns 43,893 shares of the company’s stock valued at $689,000 after buying an additional 11,933 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the first quarter worth about $54,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the first quarter worth about $34,000.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.