Asset Dedication LLC Acquires 116,955 Shares of Dimensional U.S. Targeted Value ETF $DFAT

Asset Dedication LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,513,072 shares of the company’s stock after purchasing an additional 116,955 shares during the period. Dimensional U.S. Targeted Value ETF makes up 9.8% of Asset Dedication LLC’s portfolio, making the stock its 2nd biggest position. Asset Dedication LLC owned approximately 1.26% of Dimensional U.S. Targeted Value ETF worth $146,286,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DFAT. Valmark Advisers Inc. increased its position in Dimensional U.S. Targeted Value ETF by 3.5% during the third quarter. Valmark Advisers Inc. now owns 5,744 shares of the company’s stock worth $334,000 after buying an additional 192 shares during the last quarter. Brookwood Investment Group LLC lifted its position in shares of Dimensional U.S. Targeted Value ETF by 4.1% in the third quarter. Brookwood Investment Group LLC now owns 5,072 shares of the company’s stock valued at $295,000 after buying an additional 200 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 2.9% during the 3rd quarter. Private Trust Co. NA now owns 7,548 shares of the company’s stock worth $439,000 after acquiring an additional 215 shares during the period. CreativeOne Wealth LLC boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 2.9% during the 3rd quarter. CreativeOne Wealth LLC now owns 8,757 shares of the company’s stock worth $510,000 after acquiring an additional 245 shares during the period. Finally, Citizens Financial Group Inc. RI increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 4.7% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 5,549 shares of the company’s stock worth $299,000 after acquiring an additional 250 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Trading Up 0.8%

DFAT opened at $61.72 on Wednesday. Dimensional U.S. Targeted Value ETF has a 1-year low of $44.01 and a 1-year high of $67.46. The stock’s fifty day simple moving average is $64.09 and its 200 day simple moving average is $60.52. The stock has a market cap of $12.61 billion, a PE ratio of 12.39 and a beta of 1.04.

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.