Modera Wealth Management LLC Cuts Holdings in Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)

Modera Wealth Management LLC trimmed its holdings in shares of Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,362,720 shares of the company’s stock after selling 27,373 shares during the period. Dimensional US Marketwide Value ETF comprises 1.2% of Modera Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Modera Wealth Management LLC’s holdings in Dimensional US Marketwide Value ETF were worth $96,682,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of DFUV. US Bancorp DE increased its stake in Dimensional US Marketwide Value ETF by 7.4% in the 3rd quarter. US Bancorp DE now owns 67,064 shares of the company’s stock valued at $2,796,000 after purchasing an additional 4,637 shares in the last quarter. Murphy Pohlad Asset Management LLC purchased a new position in Dimensional US Marketwide Value ETF in the 3rd quarter valued at approximately $205,000. Farther Finance Advisors LLC increased its stake in Dimensional US Marketwide Value ETF by 140.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 425,551 shares of the company’s stock valued at $17,741,000 after purchasing an additional 248,793 shares in the last quarter. Pure Financial Advisors LLC increased its stake in Dimensional US Marketwide Value ETF by 23.9% in the 3rd quarter. Pure Financial Advisors LLC now owns 17,833 shares of the company’s stock valued at $743,000 after purchasing an additional 3,444 shares in the last quarter. Finally, Confluence Wealth Services Inc. increased its stake in Dimensional US Marketwide Value ETF by 9.5% in the 3rd quarter. Confluence Wealth Services Inc. now owns 175,632 shares of the company’s stock valued at $7,322,000 after purchasing an additional 15,209 shares in the last quarter.

Dimensional US Marketwide Value ETF Price Performance

NYSEARCA DFUV opened at $42.63 on Friday. Dimensional US Marketwide Value ETF has a 1-year low of $38.09 and a 1-year high of $44.61. The company has a market capitalization of $11.16 billion, a P/E ratio of 16.69 and a beta of 0.85. The business has a 50 day moving average price of $42.18 and a 200 day moving average price of $42.05.

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.