Envestnet Asset Management Inc. Trims Stock Holdings in Dimensional U.S. Targeted Value ETF $DFAT

Envestnet Asset Management Inc. lowered its position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 72.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 518,479 shares of the company’s stock after selling 1,376,323 shares during the quarter. Envestnet Asset Management Inc. owned about 0.26% of Dimensional U.S. Targeted Value ETF worth $30,181,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFAT. Forum Financial Management LP lifted its position in Dimensional U.S. Targeted Value ETF by 5.4% during the 2nd quarter. Forum Financial Management LP now owns 9,353,565 shares of the company’s stock valued at $504,718,000 after acquiring an additional 476,529 shares during the period. Cerity Partners LLC lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 59.4% during the second quarter. Cerity Partners LLC now owns 1,100,761 shares of the company’s stock valued at $60,037,000 after purchasing an additional 410,267 shares during the last quarter. Pure Financial Advisors LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF by 7.8% in the 3rd quarter. Pure Financial Advisors LLC now owns 4,959,303 shares of the company’s stock worth $288,681,000 after purchasing an additional 357,646 shares in the last quarter. Index Fund Advisors Inc. boosted its position in shares of Dimensional U.S. Targeted Value ETF by 5.7% in the 3rd quarter. Index Fund Advisors Inc. now owns 6,520,506 shares of the company’s stock worth $379,559,000 after purchasing an additional 349,087 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 2,407.6% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 349,554 shares of the company’s stock worth $20,348,000 after buying an additional 335,614 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Down 1.5%

DFAT stock opened at $65.73 on Friday. The business has a 50 day moving average of $62.31 and a 200 day moving average of $59.18. The firm has a market cap of $13.43 billion, a PE ratio of 12.39 and a beta of 1.04. Dimensional U.S. Targeted Value ETF has a twelve month low of $44.01 and a twelve month high of $67.46.

Dimensional U.S. Targeted Value ETF 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.