72,334 Dimensional U.S. Targeted Value ETF $DFAT Shares Purchased by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. increased its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 15.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 544,661 shares of the company’s stock after acquiring an additional 72,334 shares during the quarter. Dimensional U.S. Targeted Value ETF comprises about 2.5% of Summit Financial Strategies Inc.’s portfolio, making the stock its 13th largest holding. Summit Financial Strategies Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $36,187,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the stock. Professional Financial Solutions LLC ADV purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter worth about $13,716,000. Stevens Capital Partners bought a new position in Dimensional U.S. Targeted Value ETF during the first quarter valued at approximately $490,000. Henrickson Nauta Wealth Advisors Inc. grew its holdings in Dimensional U.S. Targeted Value ETF by 2.9% during the 2nd quarter. Henrickson Nauta Wealth Advisors Inc. now owns 384,676 shares of the company’s stock valued at $26,889,000 after buying an additional 10,718 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new stake in Dimensional U.S. Targeted Value ETF in the 4th quarter worth approximately $466,000. Finally, Total Clarity Wealth Management Inc. bought a new stake in Dimensional U.S. Targeted Value ETF in the 1st quarter worth approximately $4,513,000.

Dimensional U.S. Targeted Value ETF Price Performance

Shares of DFAT opened at $67.18 on Thursday. The stock has a market capitalization of $13.83 billion, a price-to-earnings ratio of 12.39 and a beta of 0.99. Dimensional U.S. Targeted Value ETF has a 1 year low of $55.12 and a 1 year high of $72.81. The business’s 50 day simple moving average is $69.88 and its 200-day simple moving average is $68.43.

Dimensional U.S. Targeted Value ETF Profile

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.