HighTower Advisors LLC Trims Holdings in Dimensional U.S. Targeted Value ETF $DFAT

HighTower Advisors LLC cut its stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,848,642 shares of the company’s stock after selling 22,024 shares during the quarter. HighTower Advisors LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $110,068,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of DFAT. Earned Wealth Advisors LLC grew its stake in Dimensional U.S. Targeted Value ETF by 95.1% during the fourth quarter. Earned Wealth Advisors LLC now owns 1,457,860 shares of the company’s stock valued at $86,801,000 after acquiring an additional 710,659 shares in the last quarter. Richard Young Associates Ltd. purchased a new position in Dimensional U.S. Targeted Value ETF during the fourth quarter worth about $32,968,000. Focus Partners Wealth grew its position in Dimensional U.S. Targeted Value ETF by 3.8% during the third quarter. Focus Partners Wealth now owns 13,243,500 shares of the company’s stock worth $770,880,000 after buying an additional 485,231 shares in the last quarter. Forum Financial Management LP grew its position in Dimensional U.S. Targeted Value ETF by 4.7% during the fourth quarter. Forum Financial Management LP now owns 10,207,476 shares of the company’s stock worth $607,753,000 after buying an additional 454,334 shares in the last quarter. Finally, Henrickson Nauta Wealth Advisors Inc. grew its position in Dimensional U.S. Targeted Value ETF by 134.0% during the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 712,009 shares of the company’s stock worth $43,924,000 after buying an additional 407,790 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Stock Down 1.0%

Dimensional U.S. Targeted Value ETF stock opened at $65.19 on Wednesday. Dimensional U.S. Targeted Value ETF has a 52 week low of $50.75 and a 52 week high of $67.94. The business has a 50-day simple moving average of $64.26 and a 200 day simple moving average of $62.46. The stock has a market cap of $13.29 billion, a price-to-earnings ratio of 12.39 and a beta of 0.99.

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.