Envestnet Asset Management Inc. Decreases Stock Holdings in Dimensional US Marketwide Value ETF $DFUV

Envestnet Asset Management Inc. reduced its stake in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 97.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 744,659 shares of the company’s stock after selling 31,007,741 shares during the period. Envestnet Asset Management Inc. owned 0.27% of Dimensional US Marketwide Value ETF worth $33,279,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. HHM Wealth Advisors LLC acquired a new position in Dimensional US Marketwide Value ETF during the third quarter worth $46,000. ST Germain D J Co. Inc. purchased a new position in shares of Dimensional US Marketwide Value ETF during the 3rd quarter worth $54,000. Retirement Wealth Solutions LLC acquired a new position in shares of Dimensional US Marketwide Value ETF during the 3rd quarter valued at about $60,000. CNB Bank purchased a new stake in shares of Dimensional US Marketwide Value ETF in the third quarter valued at about $97,000. Finally, Abound Wealth Management acquired a new stake in Dimensional US Marketwide Value ETF during the third quarter worth about $111,000.

Dimensional US Marketwide Value ETF Price Performance

Shares of DFUV stock opened at $50.73 on Thursday. The company has a market capitalization of $13.98 billion, a PE ratio of 15.88 and a beta of 0.96. The firm’s 50-day moving average is $47.92 and its two-hundred day moving average is $45.58. Dimensional US Marketwide Value ETF has a 12 month low of $35.38 and a 12 month high of $50.96.

Dimensional US Marketwide Value ETF Company 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.