GEM Asset Management LLC Grows Stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

GEM Asset Management LLC raised its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 35.8% during the fourth quarter, HoldingsChannel reports. The firm owned 5,925 shares of the company’s stock after buying an additional 1,562 shares during the quarter. GEM Asset Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $330,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. TFB Advisors LLC increased its position in shares of Dimensional U.S. Targeted Value ETF by 7.2% during the 4th quarter. TFB Advisors LLC now owns 5,941 shares of the company’s stock valued at $331,000 after purchasing an additional 397 shares during the last quarter. David Wealth Management LLC purchased a new position in Dimensional U.S. Targeted Value ETF during the fourth quarter worth $1,009,000. Focus Financial Network Inc. increased its position in Dimensional U.S. Targeted Value ETF by 24.6% during the fourth quarter. Focus Financial Network Inc. now owns 12,025 shares of the company’s stock valued at $669,000 after acquiring an additional 2,371 shares during the last quarter. Walter & Keenan Wealth Management LLC IN ADV raised its stake in shares of Dimensional U.S. Targeted Value ETF by 55.8% in the fourth quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 94,731 shares of the company’s stock valued at $5,273,000 after acquiring an additional 33,917 shares during the period. Finally, Elser Financial Planning Inc bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the 4th quarter worth about $39,304,000.

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

DFAT stock opened at $57.28 on Wednesday. Dimensional U.S. Targeted Value ETF has a 12 month low of $49.73 and a 12 month high of $61.75. The stock has a market cap of $10.60 billion, a PE ratio of 9.99 and a beta of 1.12. The company has a 50-day moving average price of $57.05 and a 200 day moving average price of $56.17.

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.