Raymond James Financial Inc. Makes New $84.74 Million Investment in Dimensional U.S. Equity ETF (NYSEARCA:DFUS)

Raymond James Financial Inc. bought a new position in shares of Dimensional U.S. Equity ETF (NYSEARCA:DFUS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 1,329,213 shares of the company’s stock, valued at approximately $84,737,000.

Other hedge funds also recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. acquired a new stake in Dimensional U.S. Equity ETF during the 4th quarter worth approximately $45,000. Principal Securities Inc. raised its holdings in shares of Dimensional U.S. Equity ETF by 341.2% in the 4th quarter. Principal Securities Inc. now owns 750 shares of the company’s stock valued at $48,000 after purchasing an additional 580 shares in the last quarter. Crews Bank & Trust acquired a new stake in shares of Dimensional U.S. Equity ETF in the 4th quarter valued at $66,000. Fiduciary Advisors Inc. acquired a new stake in shares of Dimensional U.S. Equity ETF in the 4th quarter valued at $68,000. Finally, Truvestments Capital LLC acquired a new stake in shares of Dimensional U.S. Equity ETF in the 3rd quarter valued at $114,000.

Dimensional U.S. Equity ETF Trading Up 0.5 %

Shares of DFUS opened at $62.28 on Monday. Dimensional U.S. Equity ETF has a twelve month low of $53.72 and a twelve month high of $66.78. The firm’s fifty day simple moving average is $64.91 and its 200-day simple moving average is $63.74. The firm has a market capitalization of $13.67 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Dimensional U.S. Equity ETF Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.