Asset Dedication LLC Boosts Stake in Dimensional Emerging Markets Value ETF

Asset Dedication LLC, a known investment firm, has recently increased its investment in the Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) by 8.7% during the second quarter, according to the latest 13F filing with the SEC. The firm now holds 1,859,805 shares after acquiring an additional 149,484 shares in the period. This investment positions the ETF as the 5th largest holding in Asset Dedication LLC’s portfolio, accounting for about 3.9% of its total assets.

Investment Details

With a significant share of 10.75%, Asset Dedication LLC's latest stake in DFEV is valued at approximately $45,339,000. Meanwhile, other institutional investors and hedge funds have also adjusted their positions in DFEV. True Wealth Design LLC initiated a new position in the last quarter with an investment of about $5,337,000. Jane Street Group LLC increased their stake by 383.0%, now owning shares worth $4,928,000. Heritage Financial Services LLC and Exencial Wealth Advisors LLC notably increased their holdings in the ETF as well, signifying growing investor interest.

ETF Performance and Profile

DFEV shares experienced a slight decline to $24.18 in recent trading, with a market capitalization standing at $418.31 million. The ETF has a record of its 50-day and 200-day moving averages, indicating standard price metrics monitored by investors. This actively managed ETF primarily focuses on emerging market equities with value characteristics, aiming for long-term capital growth. Since its inception on April 27, 2022, DFEV is managed by Dimensional, a respected name in fund management.

Further Information

Investors interested in the overall activity for Dimensional Emerging Markets Value ETF can observe the current 13F filings and insider trades. Additionally, daily updates on news and analyst ratings for DFEV are available for those who wish to stay informed about this and related investment opportunities.

investment, hedgefund, ETF