Summit Financial Strategies Inc. Purchases 24,461 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Summit Financial Strategies Inc. raised its position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 8.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 312,233 shares of the company’s stock after acquiring an additional 24,461 shares during the quarter. Dimensional U.S. Targeted Value ETF makes up approximately 1.9% of Summit Financial Strategies Inc.’s portfolio, making the stock its 15th biggest position. Summit Financial Strategies Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $17,379,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Creative Planning increased its position in Dimensional U.S. Targeted Value ETF by 4.1% during the 2nd quarter. Creative Planning now owns 14,250,654 shares of the company’s stock valued at $739,182,000 after buying an additional 555,638 shares in the last quarter. Forum Financial Management LP boosted its stake in Dimensional U.S. Targeted Value ETF by 1.8% in the 3rd quarter. Forum Financial Management LP now owns 8,783,379 shares of the company’s stock worth $488,619,000 after purchasing an additional 154,338 shares in the last quarter. Pure Financial Advisors LLC grew its position in Dimensional U.S. Targeted Value ETF by 12.9% during the 4th quarter. Pure Financial Advisors LLC now owns 4,016,863 shares of the company’s stock worth $223,579,000 after purchasing an additional 458,509 shares during the last quarter. Asset Dedication LLC increased its stake in Dimensional U.S. Targeted Value ETF by 4.3% during the 3rd quarter. Asset Dedication LLC now owns 2,193,323 shares of the company’s stock valued at $122,015,000 after purchasing an additional 90,019 shares in the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 18.5% during the third quarter. EP Wealth Advisors LLC now owns 1,848,655 shares of the company’s stock worth $102,841,000 after buying an additional 288,340 shares during the period.

Dimensional U.S. Targeted Value ETF Price Performance

NYSEARCA DFAT opened at $57.62 on Monday. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. The stock’s fifty day moving average price is $57.64 and its 200 day moving average price is $55.99. Dimensional U.S. Targeted Value ETF has a 1 year low of $49.60 and a 1 year high of $61.75.

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.