Baird Financial Group Inc. Cuts Stake in Dimensional U.S. Targeted Value ETF $DFAT

Baird Financial Group Inc. lessened its holdings in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 65.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,391 shares of the company’s stock after selling 223,506 shares during the period. Baird Financial Group Inc. owned approximately 0.06% of Dimensional U.S. Targeted Value ETF worth $6,388,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Trust Co. of Toledo NA OH purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth about $27,000. Hantz Financial Services Inc. acquired a new stake in Dimensional U.S. Targeted Value ETF in the 2nd quarter worth approximately $53,000. Ameritas Advisory Services LLC purchased a new stake in Dimensional U.S. Targeted Value ETF during the 2nd quarter worth approximately $69,000. Huntington National Bank acquired a new position in Dimensional U.S. Targeted Value ETF during the 2nd quarter valued at approximately $81,000. Finally, Reyes Financial Architecture Inc. acquired a new position in Dimensional U.S. Targeted Value ETF during the 2nd quarter valued at approximately $105,000.

Dimensional U.S. Targeted Value ETF Trading Up 0.1%

NYSEARCA:DFAT opened at $59.48 on Wednesday. The company has a market capitalization of $11.87 billion, a P/E ratio of 12.39 and a beta of 1.04. Dimensional U.S. Targeted Value ETF has a 12 month low of $44.01 and a 12 month high of $60.20. The firm has a fifty day simple moving average of $57.71 and a 200-day simple moving average of $56.48.

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.