Sequoia Financial Advisors LLC Boosts Stake in Dimensional U.S. Targeted Value ETF $DFAT

Sequoia Financial Advisors LLC lifted its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 3.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,339,926 shares of the company’s stock after acquiring an additional 44,552 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $79,779,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. CoreFirst Bank & Trust purchased a new position in Dimensional U.S. Targeted Value ETF in the third quarter worth $26,000. CIBC Private Wealth Group LLC grew its position in Dimensional U.S. Targeted Value ETF by 59.0% during the third quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock valued at $38,000 after buying an additional 243 shares during the period. IAG Wealth Partners LLC raised its position in Dimensional U.S. Targeted Value ETF by 350.8% in the third quarter. IAG Wealth Partners LLC now owns 852 shares of the company’s stock worth $50,000 after acquiring an additional 663 shares during the period. Optima Capital LLC purchased a new position in Dimensional U.S. Targeted Value ETF in the fourth quarter valued at about $60,000. Finally, McIlrath & Eck LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 70.7% during the 3rd quarter. McIlrath & Eck LLC now owns 1,224 shares of the company’s stock valued at $71,000 after acquiring an additional 507 shares during the period.

Dimensional U.S. Targeted Value ETF Trading Up 0.7%

NYSEARCA:DFAT opened at $67.62 on Thursday. Dimensional U.S. Targeted Value ETF has a 12 month low of $49.66 and a 12 month high of $67.94. The firm’s 50 day moving average is $64.01 and its 200 day moving average is $61.92. The stock has a market capitalization of $13.78 billion, a PE ratio of 12.39 and a beta of 0.99.

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.