Royal Bank of Canada Grows Stake in Dimensional US Large Cap Value ETF $DFLV

Royal Bank of Canada grew its position in Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) by 543.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 147,534 shares of the company’s stock after acquiring an additional 124,608 shares during the quarter. Royal Bank of Canada owned about 0.09% of Dimensional US Large Cap Value ETF worth $5,269,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC acquired a new position in Dimensional US Large Cap Value ETF during the fourth quarter worth $106,970,000. Vise Technologies Inc. raised its holdings in Dimensional US Large Cap Value ETF by 209.5% in the 4th quarter. Vise Technologies Inc. now owns 2,580,784 shares of the company’s stock valued at $88,289,000 after buying an additional 1,746,930 shares during the period. Savant Capital LLC increased its position in shares of Dimensional US Large Cap Value ETF by 11.1% during the fourth quarter. Savant Capital LLC now owns 17,497,390 shares of the company’s stock valued at $598,586,000 after acquiring an additional 1,743,828 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Dimensional US Large Cap Value ETF by 58.0% in the 1st quarter. Cetera Investment Advisers now owns 3,667,210 shares of the company’s stock valued at $130,956,000 after acquiring an additional 1,345,977 shares during the period. Finally, Quent Long Short Global Small Cap Fund LP acquired a new position in shares of Dimensional US Large Cap Value ETF in the 4th quarter worth approximately $45,369,000.

Dimensional US Large Cap Value ETF Stock Up 0.1%

DFLV opened at $41.93 on Thursday. Dimensional US Large Cap Value ETF has a 52 week low of $31.66 and a 52 week high of $42.01. The business has a fifty day simple moving average of $40.13 and a 200-day simple moving average of $38.08. The firm has a market cap of $6.97 billion, a P/E ratio of 15.63 and a beta of 0.78.

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.