Avondale Wealth Management Increases Stock Position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Avondale Wealth Management raised its holdings in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 8.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 143,178 shares of the company’s stock after buying an additional 10,612 shares during the period. Dimensional U.S. Targeted Value ETF accounts for approximately 5.1% of Avondale Wealth Management’s portfolio, making the stock its 6th largest position. Avondale Wealth Management’s holdings in Dimensional U.S. Targeted Value ETF were worth $7,969,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Bank of New York Mellon Corp purchased a new stake in Dimensional U.S. Targeted Value ETF in the 2nd quarter worth $862,000. Caprock Group LLC grew its holdings in Dimensional U.S. Targeted Value ETF by 2.6% during the 2nd quarter. Caprock Group LLC now owns 13,405 shares of the company’s stock valued at $695,000 after buying an additional 346 shares in the last quarter. LPL Financial LLC increased its stake in Dimensional U.S. Targeted Value ETF by 11.4% in the 2nd quarter. LPL Financial LLC now owns 769,319 shares of the company’s stock worth $39,905,000 after acquiring an additional 78,460 shares during the last quarter. Main Street Financial Solutions LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF by 13.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 30,250 shares of the company’s stock valued at $1,569,000 after acquiring an additional 3,593 shares during the last quarter. Finally, WPWealth LLP grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 7.9% in the second quarter. WPWealth LLP now owns 442,309 shares of the company’s stock valued at $22,943,000 after purchasing an additional 32,441 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Stock Down 1.9 %

Dimensional U.S. Targeted Value ETF stock traded down $1.06 during mid-day trading on Friday, reaching $54.54. 90,636 shares of the company’s stock traded hands, compared to its average volume of 289,262. Dimensional U.S. Targeted Value ETF has a 12-month low of $49.18 and a 12-month high of $61.75. The stock has a 50 day moving average of $57.90 and a two-hundred day moving average of $55.51. The company has a market cap of $10.10 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12.

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.