Approach Retirement Advisors LLC Invests $775,000 in Dimensional US Large Cap Value ETF $DFLV

Approach Retirement Advisors LLC purchased a new position in shares of Dimensional US Large Cap Value ETF (NYSEARCA:DFLV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,645 shares of the company’s stock, valued at approximately $775,000.

A number of other hedge funds have also modified their holdings of DFLV. Royal Bank of Canada grew its holdings in shares of Dimensional US Large Cap Value ETF by 22.6% during the 1st quarter. Royal Bank of Canada now owns 11,631 shares of the company’s stock worth $356,000 after purchasing an additional 2,143 shares during the period. Goldman Sachs Group Inc. acquired a new position in Dimensional US Large Cap Value ETF during the 1st quarter worth about $826,000. Northwestern Mutual Wealth Management Co. lifted its stake in Dimensional US Large Cap Value ETF by 214.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,242 shares of the company’s stock worth $101,000 after acquiring an additional 2,211 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in Dimensional US Large Cap Value ETF by 471.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 5,105 shares of the company’s stock worth $158,000 after acquiring an additional 4,211 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in Dimensional US Large Cap Value ETF by 124.4% during the 2nd quarter. Quantinno Capital Management LP now owns 25,556 shares of the company’s stock worth $793,000 after acquiring an additional 14,167 shares in the last quarter.

Dimensional US Large Cap Value ETF Trading Down 0.2%

DFLV opened at $37.44 on Friday. The stock’s 50-day moving average price is $36.42 and its 200 day moving average price is $34.97. Dimensional US Large Cap Value ETF has a 12-month low of $28.51 and a 12-month high of $37.67. The firm has a market cap of $5.74 billion, a price-to-earnings ratio of 15.63 and a beta of 0.85.

About Dimensional US Large Cap Value ETF

The Dimensional US Large Cap Value ETF (DFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to hold a broad and diversified selection of US large-cap companies of any sector that exhibit value characteristics. Portfolio holdings are weighted by market capitalization DFLV was launched on Dec 6, 2022 and is managed by Dimensional.