Fifth Third Bancorp Decreases Stake in Dimensional U.S. Targeted Value ETF $DFAT

Fifth Third Bancorp reduced its position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 14.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,095 shares of the company’s stock after selling 1,737 shares during the period. Fifth Third Bancorp’s holdings in Dimensional U.S. Targeted Value ETF were worth $545,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFAT. Rossby Financial LCC bought a new position in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth about $26,000. EQ Wealth Advisors LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth about $28,000. Integrity Financial Corp WA bought a new position in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth about $36,000. Albion Financial Group UT bought a new position in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth about $67,000. Finally, Crewe Advisors LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF during the first quarter worth about $78,000.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT stock opened at $58.19 on Tuesday. 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 $57.31 and its 200-day simple moving average is $53.71. The stock has a market capitalization of $11.53 billion, a price-to-earnings ratio of 12.39 and a beta of 0.94.

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.