Dimensional International Value ETF (NYSEARCA:DFIV) Reaches New 12-Month High – Still a Buy?

Shares of Dimensional International Value ETF (NYSEARCA:DFIV) reached a new 52-week high on Monday . The stock traded as high as $39.45 and last traded at $39.36, with a volume of 33540 shares trading hands. The stock had previously closed at $38.66.

Dimensional International Value ETF Price Performance

The stock’s fifty day simple moving average is $37.07 and its two-hundred day simple moving average is $37.05. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 12.03 and a beta of 0.77.

Hedge Funds Weigh In On Dimensional International Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of DFIV. Envestnet Asset Management Inc. lifted its holdings in Dimensional International Value ETF by 8.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 20,460,106 shares of the company’s stock worth $725,925,000 after purchasing an additional 1,514,650 shares during the period. Focus Partners Wealth raised its position in shares of Dimensional International Value ETF by 3.1% during the 4th quarter. Focus Partners Wealth now owns 11,604,094 shares of the company’s stock worth $411,713,000 after buying an additional 351,384 shares in the last quarter. Savant Capital LLC lifted its stake in shares of Dimensional International Value ETF by 6.9% in the 4th quarter. Savant Capital LLC now owns 8,280,161 shares of the company’s stock worth $293,780,000 after acquiring an additional 534,106 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Dimensional International Value ETF by 7.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,019,949 shares of the company’s stock valued at $249,068,000 after acquiring an additional 457,487 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC increased its stake in shares of Dimensional International Value ETF by 29.0% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 5,376,491 shares of the company’s stock valued at $190,758,000 after acquiring an additional 1,209,645 shares during the period.

About Dimensional International Value ETF

The Dimensional International Value ETF (DFIV) is an exchange-traded fund that is based on the MSCI World ex USA (net div.) index. The fund is an actively managed fund that provides exposure to large value stocks from developed markets while minimizing federal taxes on performance returns. DFIV was launched on Apr 16, 1999 and is managed by Dimensional.