Park Avenue Securities LLC Acquires Shares in Dimensional US Small Cap Value ETF (DFSV)

On October 14, 2024, it was reported that Park Avenue Securities LLC has made a notable move by acquiring a total of 8,658 shares in the Dimensional US Small Cap Value ETF, which is listed on the NYSE under the ticker symbol DFSV. This acquisition took place during the third quarter, and the shares purchased are valued at approximately $267,000 based on the most recent filing with the Securities and Exchange Commission.

This strategic investment by Park Avenue Securities reflects a growing interest among institutional investors in the Dimensional US Small Cap Value ETF. In addition to Park Avenue, several other large investors have also adjusted their positions in DFSV recently. For instance, Savant Capital LLC significantly increased its stake by 64.3% in the second quarter, resulting in ownership of 4,644,303 shares valued at $133,663,000 after an additional acquisition of 1,818,171 shares.

Similarly, Arista Wealth Management LLC made a substantial increase in its position by 222.4% during the same quarter, now holding 1,570,224 shares worth $45,191,000 after purchasing an additional 1,083,193 shares. Additionally, Alaska Permanent Fund Corp raised its stake by 4.4% in the first quarter, bringing its total to 8,205,327 shares valued at $246,980,000 after buying 346,741 shares. JMG Financial Group Ltd. also lifted its position by 6.7% during the first quarter, resulting in ownership of 4,663,997 shares valued at $140,386,000 after acquiring an additional 291,197 shares.

Furthermore, Perigon Wealth Management LLC made headlines with a staggering 3,267.6% increase in its stake during the first quarter, raising its holdings to 246,305 shares worth $7,414,000 after an acquisition of 238,991 shares during the period. These significant adjustments from multiple institutional investors suggest a growing confidence in the potential of the Dimensional US Small Cap Value ETF.

Current Performance of DFSV

As of today, DFSV shares opened at $30.86. The 50-day simple moving average stands at $30.00, while the 200-day simple moving average is $29.56. Over the past year, the Dimensional US Small Cap Value ETF has experienced a low of $23.54 and a high of $32.29. The ETF boasts a market capitalization of $3.08 billion, a price-to-earnings ratio of 8.86, and a beta of 1.13, which indicates its volatility relative to the market.

About Dimensional US Small Cap Value ETF

The Dimensional US Small Cap Value ETF (DFSV) is designed to primarily invest in a diverse range of small-cap stocks within the U.S. market. The fund utilizes an active investment strategy focused on selecting stocks based on value characteristics and weighting them by market capitalization. DFSV was launched on February 24, 2022, and is managed by Dimensional, a firm known for its quantitative investment strategies.

investment, shares, ETF