Root Financial Partners LLC Raises Stock Position in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)

Root Financial Partners LLC grew its stake in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 31.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,518,933 shares of the company’s stock after buying an additional 367,566 shares during the quarter. Dimensional US Marketwide Value ETF accounts for 7.7% of Root Financial Partners LLC’s investment portfolio, making the stock its 3rd biggest position. Root Financial Partners LLC owned 0.58% of Dimensional US Marketwide Value ETF worth $62,155,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Crews Bank & Trust bought a new position in shares of Dimensional US Marketwide Value ETF during the 4th quarter valued at $25,000. Truvestments Capital LLC purchased a new stake in Dimensional US Marketwide Value ETF during the third quarter valued at about $30,000. Fortitude Family Office LLC grew its stake in shares of Dimensional US Marketwide Value ETF by 50.8% during the fourth quarter. Fortitude Family Office LLC now owns 790 shares of the company’s stock valued at $32,000 after buying an additional 266 shares during the last quarter. JDM Financial Group LLC purchased a new position in shares of Dimensional US Marketwide Value ETF in the third quarter worth about $50,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Dimensional US Marketwide Value ETF in the fourth quarter worth about $67,000.

Dimensional US Marketwide Value ETF Price Performance

Shares of DFUV stock opened at $42.80 on Friday. The business has a 50-day moving average of $42.07 and a 200 day moving average of $41.81. Dimensional US Marketwide Value ETF has a 1-year low of $37.43 and a 1-year high of $44.61. The stock has a market capitalization of $11.21 billion, a PE ratio of 13.63 and a beta of 0.85.

Dimensional US Marketwide Value ETF 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.