Confluence Wealth Services Inc. Raises Stake in Dimensional U.S. Targeted Value ETF $DFAT

Confluence Wealth Services Inc. boosted its holdings in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 7.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 376,716 shares of the company’s stock after buying an additional 25,620 shares during the quarter. Dimensional U.S. Targeted Value ETF accounts for about 1.1% of Confluence Wealth Services Inc.’s portfolio, making the stock its 17th largest holding. Confluence Wealth Services Inc. owned about 0.19% of Dimensional U.S. Targeted Value ETF worth $20,328,000 at the end of the most recent quarter.

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

Dimensional U.S. Targeted Value ETF Stock Up 0.8%

Shares of DFAT opened at $58.83 on Monday. Dimensional U.S. Targeted Value ETF has a 52 week low of $44.01 and a 52 week high of $61.75. The company has a market capitalization of $11.71 billion, a price-to-earnings ratio of 12.39 and a beta of 0.94. The stock’s 50-day moving average price is $57.49 and its 200-day moving average price is $53.88.

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.