XY Planning Network Inc. Makes New $496,000 Investment in Morgan Dempsey Large Cap Value ETF $MDLV

XY Planning Network Inc. bought a new stake in Morgan Dempsey Large Cap Value ETF (BATS:MDLV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 16,137 shares of the company’s stock, valued at approximately $496,000. XY Planning Network Inc. owned approximately 1.66% of Morgan Dempsey Large Cap Value ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Waverly Advisors LLC acquired a new stake in shares of Morgan Dempsey Large Cap Value ETF during the second quarter worth approximately $93,000. Hudock Inc. acquired a new stake in Morgan Dempsey Large Cap Value ETF in the second quarter valued at $109,000. Rareview Capital LLC bought a new position in Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at $159,000. OLD Mission Capital LLC bought a new position in Morgan Dempsey Large Cap Value ETF during the 4th quarter valued at $228,000. Finally, Susquehanna International Group LLP grew its holdings in Morgan Dempsey Large Cap Value ETF by 56.2% during the 3rd quarter. Susquehanna International Group LLP now owns 14,729 shares of the company’s stock worth $412,000 after acquiring an additional 5,300 shares in the last quarter.

Morgan Dempsey Large Cap Value ETF Stock Performance

MDLV opened at $31.63 on Thursday. The company has a 50-day moving average of $31.61 and a 200-day moving average of $30.99. The company has a market capitalization of $30.68 million, a P/E ratio of 16.21 and a beta of 0.53. Morgan Dempsey Large Cap Value ETF has a 1-year low of $27.37 and a 1-year high of $32.17.

Morgan Dempsey Large Cap Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.1778 dividend. This represents a $0.71 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, June 29th.

Morgan Dempsey Large Cap Value ETF Profile

The Morgan Dempsey Large Cap Value ETF (MDLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria. MDLV was launched on Apr 26, 2023 and is managed by Morgan Dempsey.