GEM Asset Management LLC Raises Stake in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)

GEM Asset Management LLC boosted its holdings in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,972 shares of the company’s stock after buying an additional 4,608 shares during the quarter. Dimensional US Marketwide Value ETF makes up about 2.9% of GEM Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. GEM Asset Management LLC’s holdings in Dimensional US Marketwide Value ETF were worth $5,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Crews Bank & Trust purchased a new position in shares of Dimensional US Marketwide Value ETF during the 4th quarter valued at about $25,000. Truvestments Capital LLC purchased a new position in Dimensional US Marketwide Value ETF during the third quarter valued at approximately $30,000. Fortitude Family Office LLC boosted its position in shares of Dimensional US Marketwide Value ETF by 50.8% in the fourth quarter. Fortitude Family Office LLC now owns 790 shares of the company’s stock worth $32,000 after purchasing an additional 266 shares during the period. JDM Financial Group LLC purchased a new stake in shares of Dimensional US Marketwide Value ETF in the third quarter worth $50,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Dimensional US Marketwide Value ETF in the fourth quarter worth $67,000.

Dimensional US Marketwide Value ETF Stock Performance

DFUV opened at $42.81 on Wednesday. The stock has a market cap of $11.21 billion, a price-to-earnings ratio of 13.63 and a beta of 0.85. The firm’s fifty day moving average is $42.11 and its 200 day moving average is $41.80. Dimensional US Marketwide Value ETF has a fifty-two week low of $37.08 and a fifty-two week high of $44.61.

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.