Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sets New 52-Week Low – Here’s Why

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $37.45 and last traded at $37.37, with a volume of 30287 shares. The stock had previously closed at $39.30.

Dimensional US Marketwide Value ETF Trading Down 6.1 %

The stock’s fifty day simple moving average is $41.85 and its 200-day simple moving average is $42.10. The company has a market capitalization of $10.09 billion, a price-to-earnings ratio of 15.61 and a beta of 0.99.

Dimensional US Marketwide Value ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.167 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC grew its position in shares of Dimensional US Marketwide Value ETF by 88.5% during the third quarter. FMR LLC now owns 68,161 shares of the company’s stock worth $2,842,000 after buying an additional 31,997 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of Dimensional US Marketwide Value ETF by 135.8% during the 3rd quarter. Quantinno Capital Management LP now owns 36,416 shares of the company’s stock worth $1,518,000 after acquiring an additional 20,973 shares in the last quarter. Stifel Financial Corp lifted its stake in Dimensional US Marketwide Value ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 445,118 shares of the company’s stock worth $18,557,000 after purchasing an additional 1,116 shares during the last quarter. Jane Street Group LLC acquired a new position in Dimensional US Marketwide Value ETF in the third quarter valued at approximately $1,105,000. Finally, EP Wealth Advisors LLC increased its stake in Dimensional US Marketwide Value ETF by 3.3% in the third quarter. EP Wealth Advisors LLC now owns 268,117 shares of the company’s stock valued at $11,178,000 after purchasing an additional 8,445 shares during the last quarter.

About Dimensional US Marketwide Value ETF

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.