Verus Financial Partners Inc. boosted its stake in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV – Free Report) by 2,162.6% in the fourth quarter, HoldingsChannel reports. The firm owned 597,541 shares of the company’s stock after buying an additional 571,132 shares during the period. Dimensional US Marketwide Value ETF makes up about 2.7% of Verus Financial Partners Inc.’s portfolio, making the stock its 13th largest position. Verus Financial Partners Inc.’s holdings in Dimensional US Marketwide Value ETF were worth $29,112,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV increased its position in Dimensional US Marketwide Value ETF by 5.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 38,135,706 shares of the company’s stock valued at $1,704,285,000 after buying an additional 2,035,838 shares in the last quarter. Focus Partners Wealth raised its stake in Dimensional US Marketwide Value ETF by 9.8% during the 3rd quarter. Focus Partners Wealth now owns 14,681,894 shares of the company’s stock worth $656,329,000 after buying an additional 1,316,062 shares during the period. Guardian Wealth Management LLC bought a new position in Dimensional US Marketwide Value ETF in the fourth quarter worth approximately $39,840,000. McMill Wealth Management bought a new position in Dimensional US Marketwide Value ETF in the third quarter worth approximately $31,888,000. Finally, Index Fund Advisors Inc. grew its stake in Dimensional US Marketwide Value ETF by 10.6% in the third quarter. Index Fund Advisors Inc. now owns 5,827,280 shares of the company’s stock valued at $260,421,000 after acquiring an additional 560,081 shares during the period.
Dimensional US Marketwide Value ETF Stock Up 1.3%
Shares of DFUV opened at $51.86 on Friday. The stock has a market cap of $14.42 billion, a P/E ratio of 15.88 and a beta of 0.93. The business’s fifty day moving average is $49.60 and its 200 day moving average is $47.80. Dimensional US Marketwide Value ETF has a 12-month low of $39.19 and a 12-month high of $51.91.
Dimensional US Marketwide Value ETF Company Profile
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.
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