Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sees Strong Trading Volume – Still a Buy?

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) shares saw strong trading volume on Wednesday . 426,237 shares were traded during mid-day trading, an increase of 41% from the previous session’s volume of 302,165 shares.The stock last traded at $61.05 and had previously closed at $60.73.

Dimensional U.S. Equity ETF Stock Down 5.8 %

The firm’s 50 day simple moving average is $63.52 and its two-hundred day simple moving average is $63.79. The stock has a market cap of $12.10 billion, a P/E ratio of 22.89 and a beta of 1.02.

Dimensional U.S. Equity ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.1376 dividend. The ex-dividend date was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Prudential Financial Inc. increased its holdings in shares of Dimensional U.S. Equity ETF by 201.4% in the 4th quarter. Prudential Financial Inc. now owns 26,381,889 shares of the company’s stock worth $1,684,747,000 after acquiring an additional 17,627,659 shares during the period. Focus Partners Wealth grew its holdings in Dimensional U.S. Equity ETF by 1.9% in the 4th quarter. Focus Partners Wealth now owns 8,423,973 shares of the company’s stock worth $537,028,000 after buying an additional 154,726 shares in the last quarter. Sax Wealth Advisors LLC increased its position in Dimensional U.S. Equity ETF by 1.7% in the 4th quarter. Sax Wealth Advisors LLC now owns 3,269,813 shares of the company’s stock valued at $208,451,000 after acquiring an additional 54,532 shares during the period. Great Waters Wealth Management raised its stake in Dimensional U.S. Equity ETF by 12.1% during the 4th quarter. Great Waters Wealth Management now owns 2,511,066 shares of the company’s stock valued at $160,080,000 after acquiring an additional 271,029 shares in the last quarter. Finally, LPL Financial LLC boosted its position in Dimensional U.S. Equity ETF by 7.6% during the 4th quarter. LPL Financial LLC now owns 2,421,592 shares of the company’s stock worth $154,376,000 after acquiring an additional 172,020 shares during the period.

Dimensional U.S. Equity ETF Company Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.