Diversified Portfolios Inc. Lowers Stock Holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Diversified Portfolios Inc. reduced its position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,240 shares of the company’s stock after selling 1,105 shares during the quarter. Diversified Portfolios Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $4,077,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. SYM FINANCIAL Corp purchased a new stake in Dimensional U.S. Targeted Value ETF in the fourth quarter worth approximately $30,000. Iron Horse Wealth Management LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the 3rd quarter worth approximately $32,000. Truvestments Capital LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the 3rd quarter valued at $40,000. Legacy Investment Solutions LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF during the 3rd quarter valued at $46,000. Finally, Howe & Rusling Inc. purchased a new position in Dimensional U.S. Targeted Value ETF in the 3rd quarter worth $61,000.

Dimensional U.S. Targeted Value ETF Stock Up 0.4 %

NYSEARCA DFAT opened at $57.28 on Wednesday. The company has a 50-day simple moving average of $57.05 and a two-hundred day simple moving average of $56.17. Dimensional U.S. Targeted Value ETF has a 12-month low of $49.73 and a 12-month high of $61.75. The firm has a market cap of $10.60 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12.

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.