Asset Dedication LLC Purchases New Stake in Dimensional U.S. Targeted Value ETF $DFAT

Asset Dedication LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,653,293 shares of the company’s stock, valued at approximately $176,285,000. Dimensional U.S. Targeted Value ETF makes up 10.8% of Asset Dedication LLC’s holdings, making the stock its 2nd biggest holding.

Other large investors have also bought and sold shares of the company. Allworth Financial LP increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 1.3% in the second quarter. Allworth Financial LP now owns 1,060,969 shares of the company’s stock valued at $74,162,000 after purchasing an additional 13,760 shares during the period. Henrickson Nauta Wealth Advisors Inc. grew its position in Dimensional U.S. Targeted Value ETF by 2.9% in the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 384,676 shares of the company’s stock worth $26,889,000 after acquiring an additional 10,718 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Dimensional U.S. Targeted Value ETF by 1.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,391,428 shares of the company’s stock valued at $97,261,000 after buying an additional 18,136 shares in the last quarter. Tenet Wealth Partners LLC acquired a new position in Dimensional U.S. Targeted Value ETF in the second quarter valued at about $643,000. Finally, Ruedi Wealth Management Inc. increased its stake in shares of Dimensional U.S. Targeted Value ETF by 3.6% during the first quarter. Ruedi Wealth Management Inc. now owns 216,534 shares of the company’s stock worth $13,523,000 after purchasing an additional 7,541 shares during the period.

Dimensional U.S. Targeted Value ETF Stock Performance

NYSEARCA:DFAT opened at $68.68 on Friday. The business’s fifty day moving average is $69.01 and its 200 day moving average is $67.49. Dimensional U.S. Targeted Value ETF has a 52-week low of $55.12 and a 52-week high of $72.81. The firm has a market cap of $14.16 billion, a price-to-earnings ratio of 12.39 and a beta of 0.98.

Dimensional U.S. Targeted Value ETF Company 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.