Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Large Decrease in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 98 shares, a drop of 96.8% from the February 12th total of 3,033 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 163,271 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 163,271 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Down 0.6%

NASDAQ DVAL opened at $14.84 on Wednesday. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 52 week low of $11.87 and a 52 week high of $15.47. The firm has a market capitalization of $117.98 million, a price-to-earnings ratio of 14.48 and a beta of 0.70. The company has a fifty day moving average of $14.97 and a two-hundred day moving average of $14.63.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Cuts Dividend

The company also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 19th were issued a $0.2877 dividend. This represents a dividend yield of 200.0%. The ex-dividend date was Friday, December 19th.

Hedge Funds Weigh In On Brandywine GLOBAL Dynamic US Large Cap Value ETF

Several hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its position in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 20.9% in the 2nd quarter. Raymond James Financial Inc. now owns 190,944 shares of the company’s stock worth $2,703,000 after purchasing an additional 32,945 shares during the period. Franklin Resources Inc. boosted its position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 1.5% during the third quarter. Franklin Resources Inc. now owns 1,488,389 shares of the company’s stock valued at $21,634,000 after buying an additional 21,829 shares during the period. LPL Financial LLC grew its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 158,727 shares of the company’s stock valued at $2,284,000 after buying an additional 8,828 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% during the third quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock valued at $295,000 after buying an additional 7,654 shares during the last quarter. Finally, AE Wealth Management LLC purchased a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the third quarter worth approximately $108,000.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Company Profile

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.