Confluence Wealth Services Inc. Acquires 113,844 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Confluence Wealth Services Inc. raised its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 70.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 274,438 shares of the company’s stock after acquiring an additional 113,844 shares during the period. Dimensional U.S. Targeted Value ETF comprises 1.1% of Confluence Wealth Services Inc.’s holdings, making the stock its 18th biggest holding. Confluence Wealth Services Inc. owned approximately 0.15% of Dimensional U.S. Targeted Value ETF worth $14,235,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Creative Planning grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 4.1% during the 4th quarter. Creative Planning now owns 13,638,740 shares of the company’s stock valued at $713,715,000 after purchasing an additional 534,891 shares during the last quarter. Forum Financial Management LP increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 2.5% during the fourth quarter. Forum Financial Management LP now owns 9,168,412 shares of the company’s stock worth $479,783,000 after buying an additional 219,728 shares in the last quarter. Pure Financial Advisors LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 33.9% in the 2nd quarter. Pure Financial Advisors LLC now owns 2,760,747 shares of the company’s stock valued at $143,200,000 after acquiring an additional 698,381 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 0.4% in the 4th quarter. Corient Private Wealth LLC now owns 2,748,722 shares of the company’s stock valued at $143,841,000 after acquiring an additional 10,299 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Dimensional U.S. Targeted Value ETF by 0.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,710,003 shares of the company’s stock valued at $141,814,000 after acquiring an additional 12,361 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Trading Up 0.7 %

DFAT traded up $0.39 on Friday, reaching $55.81. The stock had a trading volume of 171,027 shares, compared to its average volume of 242,646. The company has a market capitalization of $10.33 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $42.53 and a fifty-two week high of $58.09. The firm has a 50-day moving average of $53.70 and a 200-day moving average of $52.83.

Dimensional U.S. Targeted Value ETF Company 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.