AlphaCore Capital LLC has significantly increased its investment in the Dimensional US Marketwide Value ETF (NYSEARCA: DFUV) by 50.9% during the second quarter of 2023. According to a recent filing with the Securities and Exchange Commission (SEC), AlphaCore now holds a total of 8,742 shares of the ETF, having acquired an additional 2,947 shares during this period. The value of AlphaCore’s holdings in the fund reached approximately $370,000 at the end of the quarter.
Several other institutional investors have also made significant adjustments to their positions in the Dimensional US Marketwide Value ETF. Notably, Maseco LLP established a new stake valued at approximately $87.85 million. Meanwhile, Envestnet Asset Management Inc. boosted its stake by 4.2%, now owning 31,752,400 shares valued at around $1.34 billion following the purchase of 1,277,162 shares in the last quarter.
In addition, Porter White Investment Advisors Inc. acquired a new position worth $39.45 million in the first quarter. Elser Financial Planning Inc. exhibited a remarkable increase in its holdings, raising its investment by 12,942.2% in the second quarter, now owning 955,604 shares valued at approximately $40.42 million. Additionally, Abacus Planning Group Inc. also made a new investment in the ETF during the second quarter, valued at $18.52 million.
Performance Insights
The Dimensional US Marketwide Value ETF opened at $44.64 on Tuesday. The fund has demonstrated solid price stability, with a 50-day moving average of $44.66 and a 200-day moving average of $43.24. The ETF has a current market capitalization of $12.27 billion, a price-to-earnings (P/E) ratio of 15.88, and a beta of 0.96. Over the past year, the ETF has seen a low of $35.38 and a high of $45.83.
About the Dimensional US Marketwide Value ETF
The Dimensional US Marketwide Value ETF, launched on December 16, 1998, is designed to track the Russell 3000 Value Index. This actively managed fund consists of U.S. stocks selected for their value characteristics, aiming to provide long-term capital appreciation for its investors.
For those interested in further insights into hedge fund activities related to the Dimensional US Marketwide Value ETF, platforms like HoldingsChannel.com offer access to the latest 13F filings and insider trades.
