Freedom Investment Management Inc. Trims Stake in Dimensional U.S. Targeted Value ETF $DFAT

Freedom Investment Management Inc. trimmed its holdings in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,550 shares of the company’s stock after selling 713 shares during the quarter. Freedom Investment Management Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $3,051,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Apollon Wealth Management LLC grew its position in Dimensional U.S. Targeted Value ETF by 1.4% during the second quarter. Apollon Wealth Management LLC now owns 17,131 shares of the company’s stock worth $924,000 after buying an additional 230 shares in the last quarter. Silver Oak Securities Incorporated grew its position in Dimensional U.S. Targeted Value ETF by 1.8% during the second quarter. Silver Oak Securities Incorporated now owns 14,973 shares of the company’s stock worth $808,000 after buying an additional 258 shares in the last quarter. US Bancorp DE grew its position in Dimensional U.S. Targeted Value ETF by 0.6% during the second quarter. US Bancorp DE now owns 46,843 shares of the company’s stock worth $2,528,000 after buying an additional 258 shares in the last quarter. LongView Wealth Management lifted its stake in Dimensional U.S. Targeted Value ETF by 2.4% during the second quarter. LongView Wealth Management now owns 12,900 shares of the company’s stock worth $696,000 after purchasing an additional 300 shares during the last quarter. Finally, Tranquility Partners LLC lifted its stake in Dimensional U.S. Targeted Value ETF by 5.5% during the second quarter. Tranquility Partners LLC now owns 5,722 shares of the company’s stock worth $309,000 after purchasing an additional 300 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Down 0.6%

Shares of DFAT stock opened at $57.59 on Thursday. The business has a 50-day moving average price of $58.15 and a two-hundred day moving average price of $54.39. Dimensional U.S. Targeted Value ETF has a 12-month low of $44.01 and a 12-month high of $61.75. The firm has a market cap of $11.47 billion, a P/E ratio of 12.39 and a beta of 0.94.

About Dimensional U.S. Targeted Value ETF

The Dimensional U.S. Targeted Value ETF (DFAT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid- and small-cap value stocks. DFAT was launched on Dec 11, 1998 and is managed by Dimensional.