Valmark Advisers Inc. Trims Stock Position in Dimensional U.S. Targeted Value ETF $DFAT

Valmark Advisers Inc. reduced its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 39.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,552 shares of the company’s stock after selling 3,681 shares during the quarter. Valmark Advisers Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DFAT. Focus Partners Wealth grew its position in shares of Dimensional U.S. Targeted Value ETF by 6.5% in the 1st quarter. Focus Partners Wealth now owns 12,985,015 shares of the company’s stock worth $668,598,000 after buying an additional 797,094 shares during the period. EP Wealth Advisors LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 35.2% in the 1st quarter. EP Wealth Advisors LLC now owns 3,016,203 shares of the company’s stock worth $155,304,000 after buying an additional 784,895 shares during the period. Elser Financial Planning Inc purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the 2nd quarter worth about $38,598,000. Liberty Wealth Management LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 343.5% in the 1st quarter. Liberty Wealth Management LLC now owns 617,873 shares of the company’s stock worth $31,814,000 after buying an additional 478,543 shares during the period. Finally, Financial Harvest LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the 2nd quarter worth about $24,493,000.

Dimensional U.S. Targeted Value ETF Price Performance

NYSEARCA:DFAT opened at $55.75 on Friday. Dimensional U.S. Targeted Value ETF has a 1-year low of $44.01 and a 1-year high of $61.75. The firm’s 50-day moving average price is $57.77 and its 200-day moving average price is $54.04. The company has a market capitalization of $11.11 billion, a PE ratio of 12.39 and a beta of 0.94.

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.