Modera Wealth Management LLC Sells 9,673 Shares of Dimensional U.S. Targeted Value ETF $DFAT

Modera Wealth Management LLC trimmed its position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 733,725 shares of the company’s stock after selling 9,673 shares during the period. Modera Wealth Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $45,821,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Dimensional U.S. Targeted Value ETF by 22.3% during the 4th quarter. Brighton Jones LLC now owns 20,802 shares of the company’s stock worth $1,158,000 after purchasing an additional 3,799 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Dimensional U.S. Targeted Value ETF in the 1st quarter valued at about $1,376,000. NewEdge Advisors LLC lifted its stake in Dimensional U.S. Targeted Value ETF by 1.4% in the 2nd quarter. NewEdge Advisors LLC now owns 99,098 shares of the company’s stock valued at $5,347,000 after purchasing an additional 1,393 shares during the last quarter. Sei Investments Co. bought a new position in Dimensional U.S. Targeted Value ETF during the second quarter worth about $703,000. Finally, Main Street Financial Solutions LLC grew its holdings in Dimensional U.S. Targeted Value ETF by 1.4% during the second quarter. Main Street Financial Solutions LLC now owns 41,952 shares of the company’s stock worth $2,264,000 after purchasing an additional 576 shares during the period.

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

Shares of NYSEARCA DFAT opened at $70.61 on Friday. The business’s 50 day moving average price is $68.23 and its two-hundred day moving average price is $65.44. The company has a market cap of $14.45 billion, a PE ratio of 12.39 and a beta of 0.97. Dimensional U.S. Targeted Value ETF has a twelve month low of $52.83 and a twelve month high of $71.39.

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.