Index Fund Advisors Inc. Cuts Stake in Dimensional US Marketwide Value ETF $DFUV

Index Fund Advisors Inc. decreased its holdings in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 2.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,267,199 shares of the company’s stock after selling 141,950 shares during the quarter. Dimensional US Marketwide Value ETF accounts for about 12.5% of Index Fund Advisors Inc.’s investment portfolio, making the stock its 4th biggest position. Index Fund Advisors Inc.’s holdings in Dimensional US Marketwide Value ETF were worth $222,697,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of DFUV. CX Institutional purchased a new stake in shares of Dimensional US Marketwide Value ETF in the first quarter valued at approximately $53,000. Fifth Third Bancorp boosted its holdings in shares of Dimensional US Marketwide Value ETF by 2.9% in the first quarter. Fifth Third Bancorp now owns 20,834 shares of the company’s stock valued at $859,000 after purchasing an additional 584 shares during the period. Everhart Financial Group Inc. purchased a new stake in shares of Dimensional US Marketwide Value ETF in the first quarter valued at approximately $230,000. Dynamic Advisor Solutions LLC boosted its holdings in shares of Dimensional US Marketwide Value ETF by 1.0% in the first quarter. Dynamic Advisor Solutions LLC now owns 374,168 shares of the company’s stock valued at $15,419,000 after purchasing an additional 3,823 shares during the period. Finally, Ritholtz Wealth Management purchased a new stake in shares of Dimensional US Marketwide Value ETF in the first quarter valued at approximately $228,000.

Dimensional US Marketwide Value ETF Stock Performance

Shares of NYSEARCA DFUV opened at $43.57 on Monday. The firm has a market capitalization of $11.96 billion, a price-to-earnings ratio of 15.88 and a beta of 1.12. The stock has a 50 day moving average price of $44.06 and a 200 day moving average price of $41.95. Dimensional US Marketwide Value ETF has a 52-week low of $35.38 and a 52-week high of $45.34.

About Dimensional US Marketwide Value ETF

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.