Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) Reaches New 12-Month High – Still a Buy?

Dimensional US Large Cap Value ETF (NYSEARCA:DFLV)’s share price reached a new 52-week high during trading on Wednesday. The company traded as high as $42.38 and last traded at $42.3540, with a volume of 563,139 shares traded. The stock had previously closed at $41.71.

Dimensional US Large Cap Value ETF Stock Up 1.6%

The stock has a market cap of $7.47 billion, a P/E ratio of 15.63 and a beta of 0.79. The firm’s 50 day simple moving average is $41.34 and its two-hundred day simple moving average is $38.99.

Institutional Investors Weigh In On Dimensional US Large Cap Value ETF

A number of institutional investors have recently modified their holdings of the business. Root Financial Partners LLC increased its stake in Dimensional US Large Cap Value ETF by 10.8% in the 3rd quarter. Root Financial Partners LLC now owns 5,223,140 shares of the company’s stock worth $209,814,000 after purchasing an additional 509,190 shares in the last quarter. Vise Technologies Inc. increased its stake in Dimensional US Large Cap Value ETF by 12.4% in the 3rd quarter. Vise Technologies Inc. now owns 5,162,450 shares of the company’s stock valued at $207,376,000 after buying an additional 568,622 shares during the period. Cetera Investment Advisers lifted its stake in Dimensional US Large Cap Value ETF by 58.0% in the first 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 last quarter. Mosaic Family Wealth Partners LLC raised its holdings in shares of Dimensional US Large Cap Value ETF by 1.3% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 2,995,202 shares of the company’s stock valued at $106,959,000 after purchasing an additional 37,443 shares in the last quarter. Finally, Summit Financial Strategies Inc. raised its holdings in shares of Dimensional US Large Cap Value ETF by 8.8% during the 3rd quarter. Summit Financial Strategies Inc. now owns 2,699,514 shares of the company’s stock valued at $108,439,000 after purchasing an additional 218,184 shares in the last quarter.

About Dimensional US Large Cap Value ETF

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.