Assetmark Inc. Sells 91,407 Shares of Dimensional U.S. Targeted Value ETF $DFAT

Assetmark Inc. reduced its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 16.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 453,080 shares of the company’s stock after selling 91,407 shares during the quarter. Assetmark Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $24,448,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Focus Partners Wealth grew its stake in shares of Dimensional U.S. Targeted Value ETF by 6.5% during the first quarter. Focus Partners Wealth now owns 12,985,015 shares of the company’s stock valued at $668,598,000 after purchasing an additional 797,094 shares during the last quarter. Forum Financial Management LP grew its stake in shares of Dimensional U.S. Targeted Value ETF by 5.4% during the second quarter. Forum Financial Management LP now owns 9,353,565 shares of the company’s stock valued at $504,718,000 after purchasing an additional 476,529 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 2.0% during the first quarter. Focus Partners Advisor Solutions LLC now owns 4,915,377 shares of the company’s stock valued at $253,093,000 after purchasing an additional 95,097 shares during the last quarter. Pure Financial Advisors LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 7.8% during the second quarter. Pure Financial Advisors LLC now owns 4,601,657 shares of the company’s stock valued at $248,305,000 after purchasing an additional 331,821 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 35.2% during the first quarter. EP Wealth Advisors LLC now owns 3,016,203 shares of the company’s stock valued at $155,304,000 after purchasing an additional 784,895 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Price Performance

DFAT opened at $56.95 on Friday. Dimensional U.S. Targeted Value ETF has a one year low of $44.01 and a one year high of $61.75. The company’s 50 day simple moving average is $58.25 and its 200-day simple moving average is $54.98. The stock has a market capitalization of $11.36 billion, a P/E ratio of 12.39 and a beta of 1.04.

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.