FORVIS Wealth Advisors LLC Trims Stock Holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

FORVIS Wealth Advisors LLC lessened its holdings in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 2.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 889,482 shares of the company’s stock after selling 18,023 shares during the quarter. Dimensional U.S. Targeted Value ETF accounts for 1.2% of FORVIS Wealth Advisors LLC’s portfolio, making the stock its 16th largest position. FORVIS Wealth Advisors LLC owned 0.48% of Dimensional U.S. Targeted Value ETF worth $48,415,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of DFAT. Signature Resources Capital Management LLC bought a new stake in Dimensional U.S. Targeted Value ETF in the fourth quarter valued at about $27,000. Trifecta Capital Advisors LLC raised its position in shares of Dimensional U.S. Targeted Value ETF by 281.8% during the 4th quarter. Trifecta Capital Advisors LLC now owns 1,512 shares of the company’s stock valued at $79,000 after acquiring an additional 1,116 shares in the last quarter. EdgeRock Capital LLC bought a new position in Dimensional U.S. Targeted Value ETF during the fourth quarter worth $117,000. National Bank of Canada FI acquired a new position in Dimensional U.S. Targeted Value ETF in the fourth quarter worth $151,000. Finally, PNC Financial Services Group Inc. increased its stake in Dimensional U.S. Targeted Value ETF by 434.0% during the third quarter. PNC Financial Services Group Inc. now owns 3,407 shares of the company’s stock valued at $156,000 after purchasing an additional 2,769 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Down 0.1 %

Shares of NYSEARCA:DFAT traded down $0.03 on Thursday, reaching $51.67. 114,688 shares of the company’s stock were exchanged, compared to its average volume of 240,463. The business’s 50-day moving average is $52.52 and its two-hundred day moving average is $52.00. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $42.53 and a fifty-two week high of $54.64. The firm has a market capitalization of $9.56 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12.

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.