Sax Wealth Advisors LLC Grows Holdings in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)

Sax Wealth Advisors LLC lifted its stake in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 2.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 861,247 shares of the company’s stock after buying an additional 24,570 shares during the quarter. Dimensional US Marketwide Value ETF accounts for approximately 2.8% of Sax Wealth Advisors LLC’s holdings, making the stock its 8th largest position. Sax Wealth Advisors LLC’s holdings in Dimensional US Marketwide Value ETF were worth $35,242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFUV. Bridges Investment Management Inc. purchased a new stake in Dimensional US Marketwide Value ETF in the 2nd quarter worth $345,000. AE Wealth Management LLC increased its holdings in shares of Dimensional US Marketwide Value ETF by 91.2% in the second quarter. AE Wealth Management LLC now owns 16,143 shares of the company’s stock worth $634,000 after purchasing an additional 7,701 shares during the last quarter. RW Investment Management LLC lifted its position in shares of Dimensional US Marketwide Value ETF by 3.2% in the second quarter. RW Investment Management LLC now owns 1,342,565 shares of the company’s stock worth $52,723,000 after buying an additional 41,282 shares in the last quarter. Delap Wealth Advisory LLC boosted its stake in Dimensional US Marketwide Value ETF by 100.0% during the second quarter. Delap Wealth Advisory LLC now owns 35,328 shares of the company’s stock valued at $1,387,000 after buying an additional 17,664 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in Dimensional US Marketwide Value ETF by 5.6% during the 2nd quarter. Bank of Montreal Can now owns 34,687 shares of the company’s stock valued at $1,403,000 after buying an additional 1,832 shares in the last quarter.

Dimensional US Marketwide Value ETF Price Performance

NYSEARCA:DFUV opened at $42.59 on Friday. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 13.63 and a beta of 0.85. Dimensional US Marketwide Value ETF has a 1 year low of $36.05 and a 1 year high of $44.61. The stock’s 50 day simple moving average is $42.43 and its two-hundred day simple moving average is $41.42.

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.