Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sees Large Volume Increase – Should You Buy?

Shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) saw unusually-high trading volume on Tuesday . Approximately 401,083 shares changed hands during mid-day trading, an increase of 30% from the previous session’s volume of 309,490 shares.The stock last traded at $42.82 and had previously closed at $43.15.

Dimensional US Marketwide Value ETF Price Performance

The company has a market cap of $11.29 billion, a PE ratio of 13.63 and a beta of 0.85. The business has a fifty day simple moving average of $42.34 and a two-hundred day simple moving average of $41.67.

Institutional Trading of Dimensional US Marketwide Value ETF

Hedge funds have recently modified their holdings of the company. Bank of Montreal Can grew its stake in Dimensional US Marketwide Value ETF by 5.6% during the 2nd quarter. Bank of Montreal Can now owns 34,687 shares of the company’s stock worth $1,403,000 after buying an additional 1,832 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Dimensional US Marketwide Value ETF by 31.5% in the second quarter. AQR Capital Management LLC now owns 11,844 shares of the company’s stock worth $465,000 after acquiring an additional 2,837 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Dimensional US Marketwide Value ETF by 7.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 78,355 shares of the company’s stock worth $3,077,000 after acquiring an additional 5,218 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Dimensional US Marketwide Value ETF by 3.9% during the second quarter. NewEdge Advisors LLC now owns 43,240 shares of the company’s stock worth $1,698,000 after acquiring an additional 1,607 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of Dimensional US Marketwide Value ETF in the 2nd quarter valued at approximately $247,000.

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.