Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 52-Week High – Here’s Why

Shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.52 and last traded at $35.4730, with a volume of 78585 shares changing hands. The stock had previously closed at $35.41.

Dimensional US Large Cap Value ETF Stock Down 0.4%

The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 15.63 and a beta of 0.91. The stock has a 50-day moving average price of $33.86 and a 200 day moving average price of $32.77.

Institutional Investors Weigh In On Dimensional US Large Cap Value ETF

A number of large investors have recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of Dimensional US Large Cap Value ETF by 22.6% in the first quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock valued at $356,000 after acquiring an additional 2,143 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Dimensional US Large Cap Value ETF in the 1st quarter valued at $826,000. RB Capital Management LLC boosted its stake in Dimensional US Large Cap Value ETF by 4.3% during the 2nd quarter. RB Capital Management LLC now owns 10,528 shares of the company’s stock worth $327,000 after purchasing an additional 431 shares during the period. Apella Capital LLC boosted its stake in Dimensional US Large Cap Value ETF by 36.2% during the 2nd quarter. Apella Capital LLC now owns 980,236 shares of the company’s stock worth $30,760,000 after purchasing an additional 260,654 shares during the period. Finally, GEM Asset Management LLC grew its position in Dimensional US Large Cap Value ETF by 15.6% during the 2nd quarter. GEM Asset Management LLC now owns 116,794 shares of the company’s stock worth $3,665,000 after purchasing an additional 15,786 shares during the last quarter.

Dimensional US Large Cap Value ETF Company Profile

The Dimensional US Large Cap Value ETF (DFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to hold a broad and diversified selection of US large-cap companies of any sector that exhibit value characteristics. Portfolio holdings are weighted by market capitalization DFLV was launched on Dec 6, 2022 and is managed by Dimensional.