Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Hits New 52-Week High – Time to Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $33.68 and last traded at $33.7040, with a volume of 55706 shares changing hands. The stock had previously closed at $33.45.

Dimensional US Large Cap Value ETF Stock Performance

The business’s 50 day moving average price is $32.85 and its two-hundred day moving average price is $31.82. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 15.63 and a beta of 0.91.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. raised its stake in shares of Dimensional US Large Cap Value ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,252,689 shares of the company’s stock worth $139,913,000 after buying an additional 2,422,652 shares in the last quarter. Financial Engines Advisors L.L.C. bought a new position in Dimensional US Large Cap Value ETF during the third quarter valued at about $14,368,000. Sterling Wealth Management Inc. grew its holdings in Dimensional US Large Cap Value ETF by 14.2% during the third quarter. Sterling Wealth Management Inc. now owns 328,758 shares of the company’s stock worth $10,816,000 after acquiring an additional 40,871 shares during the period. Qube Research & Technologies Ltd grew its holdings in Dimensional US Large Cap Value ETF by 1,097.9% during the third quarter. Qube Research & Technologies Ltd now owns 61,153 shares of the company’s stock worth $2,012,000 after acquiring an additional 56,048 shares during the period. Finally, Mariner LLC raised its position in Dimensional US Large Cap Value ETF by 26.6% in the third quarter. Mariner LLC now owns 765,673 shares of the company’s stock worth $25,191,000 after acquiring an additional 160,715 shares in the last quarter.

About Dimensional US Large Cap Value ETF

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.