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

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) saw unusually-high trading volume on Tuesday . 401,083 shares were traded 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 Stock Performance

The company has a 50 day moving average price of $42.34 and a 200 day moving average price of $41.67. The firm has a market cap of $11.29 billion, a price-to-earnings ratio of 13.63 and a beta of 0.85.

Hedge Funds Weigh In On Dimensional US Marketwide Value ETF

A number of hedge funds have recently made changes to their positions in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Dimensional US Marketwide Value ETF by 6.5% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,635,288 shares of the company’s stock worth $107,836,000 after purchasing an additional 160,394 shares in the last quarter. Cerity Partners LLC boosted its holdings in Dimensional US Marketwide Value ETF by 3.0% during the 3rd quarter. Cerity Partners LLC now owns 2,510,125 shares of the company’s stock valued at $104,647,000 after acquiring an additional 74,115 shares during the period. TCI Wealth Advisors Inc. grew its position in Dimensional US Marketwide Value ETF by 2.0% in the 4th quarter. TCI Wealth Advisors Inc. now owns 2,287,765 shares of the company’s stock valued at $93,615,000 after acquiring an additional 44,653 shares in the last quarter. Root Financial Partners LLC increased its stake in Dimensional US Marketwide Value ETF by 31.9% during the fourth quarter. Root Financial Partners LLC now owns 1,518,933 shares of the company’s stock worth $62,155,000 after purchasing an additional 367,566 shares during the period. Finally, RW Investment Management LLC lifted its position in shares of Dimensional US Marketwide Value ETF by 1.1% during the third quarter. RW Investment Management LLC now owns 1,357,995 shares of the company’s stock worth $56,615,000 after purchasing an additional 15,430 shares in the last quarter.

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.