If I understand the datasheet correctly the voltage at the command input of your drive will be proportional to the spool position of your valve.
For a test try to run the system in open loop mode by simply changing the output voltage of the 7344.
Here you can find an example how to do that. Please make sure that the axis is configured for stepper mode or that it is disabled. Otherwise the PID loop of the 7344 will override your voltage settings.
If your motor doesn't move with this open loop control use a DMM to measure the output voltage of the 7344. If the DAC is working correctly there is probably a technical problem with the drive.
Jochen