Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Sets New 52-Week High – Still a Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) reached a new 52-week high on Monday . The company traded as high as $41.68 and last traded at $41.65, with a volume of 19655 shares trading hands. The stock had previously closed at $41.51.

Dimensional US Large Cap Value ETF Price Performance

The company has a 50 day simple moving average of $39.98 and a 200-day simple moving average of $37.95. The stock has a market cap of $6.93 billion, a P/E ratio of 15.63 and a beta of 0.78.

Hedge Funds Weigh In On Dimensional US Large Cap Value ETF

Large investors have recently modified their holdings of the company. Private Wealth Asset Management LLC bought a new position in Dimensional US Large Cap Value ETF during the fourth quarter valued at approximately $29,000. Vermillion Wealth Management Inc. boosted its stake in shares of Dimensional US Large Cap Value ETF by 58.4% in the 1st quarter. Vermillion Wealth Management Inc. now owns 974 shares of the company’s stock valued at $35,000 after purchasing an additional 359 shares in the last quarter. Angeles Wealth Management LLC purchased a new stake in shares of Dimensional US Large Cap Value ETF in the 1st quarter valued at $41,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Dimensional US Large Cap Value ETF in the 4th quarter valued at $55,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Dimensional US Large Cap Value ETF by 1,117.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,192 shares of the company’s stock valued at $75,000 after purchasing an additional 2,012 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.