Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) is Forum Financial Management LP’s 3rd Largest Position

Forum Financial Management LP grew its position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,783,379 shares of the company’s stock after buying an additional 154,338 shares during the quarter. Dimensional U.S. Targeted Value ETF accounts for approximately 8.1% of Forum Financial Management LP’s investment portfolio, making the stock its 3rd biggest holding. Forum Financial Management LP’s holdings in Dimensional U.S. Targeted Value ETF were worth $488,619,000 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. Pure Financial Advisors LLC grew its position in Dimensional U.S. Targeted Value ETF by 28.9% during the third quarter. Pure Financial Advisors LLC now owns 3,558,354 shares of the company’s stock valued at $197,951,000 after buying an additional 797,607 shares during the period. Creative Planning grew its position in shares of 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 acquiring an additional 555,638 shares during the period. Elser Financial Planning Inc purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the 2nd quarter worth approximately $28,634,000. Magnolia Capital Advisors LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the 2nd quarter worth approximately $26,659,000. Finally, Simplicity Wealth LLC purchased a new position in Dimensional U.S. Targeted Value ETF in the second quarter valued at approximately $17,452,000.

Dimensional U.S. Targeted Value ETF Trading Up 0.2 %

Shares of NYSEARCA DFAT opened at $54.82 on Monday. The firm has a market cap of $10.15 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. The stock has a fifty day simple moving average of $54.91 and a two-hundred day simple moving average of $53.69. Dimensional U.S. Targeted Value ETF has a 1-year low of $43.91 and a 1-year high of $58.09.

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.