Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Sees Strong Trading Volume – Should You Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) saw unusually-strong trading volume on Tuesday . Approximately 401,083 shares changed hands 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 Price Performance

The company has a 50-day simple moving average of $42.36 and a 200-day simple moving average of $41.64. The stock has a market cap of $11.24 billion, a PE ratio of 13.63 and a beta of 0.85.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Dimensional US Marketwide Value ETF by 6.5% in the 4th 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 acquiring an additional 160,394 shares during the period. Cerity Partners LLC grew its holdings in Dimensional US Marketwide Value ETF by 3.0% in the third quarter. Cerity Partners LLC now owns 2,510,125 shares of the company’s stock valued at $104,647,000 after purchasing an additional 74,115 shares during the last quarter. TCI Wealth Advisors Inc. increased its position in shares of Dimensional US Marketwide Value ETF by 2.0% in the fourth quarter. TCI Wealth Advisors Inc. now owns 2,287,765 shares of the company’s stock valued at $93,615,000 after buying an additional 44,653 shares in the last quarter. RW Investment Management LLC raised its stake in shares of Dimensional US Marketwide Value ETF by 1.1% during the 3rd quarter. RW Investment Management LLC now owns 1,357,995 shares of the company’s stock worth $56,615,000 after buying an additional 15,430 shares during the last quarter. Finally, Evanson Asset Management LLC boosted its position in shares of Dimensional US Marketwide Value ETF by 0.6% in the 3rd quarter. Evanson Asset Management LLC now owns 1,335,218 shares of the company’s stock worth $55,665,000 after buying an additional 7,832 shares in 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.