Summit Portfolio Management LTD. Takes Position in Dimensional U.S. Targeted Value ETF $DFAT

Summit Portfolio Management LTD. acquired a new position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,991 shares of the company’s stock, valued at approximately $2,685,000. Dimensional U.S. Targeted Value ETF makes up about 1.7% of Summit Portfolio Management LTD.’s investment portfolio, making the stock its 15th biggest position.

Several other large investors also recently made changes to their positions in DFAT. Fortitude Family Office LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 14.3% during the fourth quarter. Fortitude Family Office LLC now owns 68,868 shares of the company’s stock valued at $4,100,000 after acquiring an additional 8,603 shares in the last quarter. OLIO Financial Planning lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 7.1% in the 4th quarter. OLIO Financial Planning now owns 226,387 shares of the company’s stock worth $13,479,000 after purchasing an additional 14,980 shares in the last quarter. Master S Wealth Management Inc. lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 9.3% in the 4th quarter. Master S Wealth Management Inc. now owns 362,045 shares of the company’s stock worth $21,556,000 after purchasing an additional 30,810 shares in the last quarter. Farther Finance Advisors LLC grew its position in Dimensional U.S. Targeted Value ETF by 55.3% in the 4th quarter. Farther Finance Advisors LLC now owns 226,694 shares of the company’s stock valued at $13,497,000 after purchasing an additional 80,754 shares during the period. Finally, Disciplined Equity Management Inc. grew its position in Dimensional U.S. Targeted Value ETF by 2.8% in the 4th quarter. Disciplined Equity Management Inc. now owns 417,953 shares of the company’s stock valued at $24,885,000 after purchasing an additional 11,352 shares during the period.

Dimensional U.S. Targeted Value ETF Trading Down 1.1%

Shares of DFAT stock opened at $68.61 on Thursday. The firm has a fifty day simple moving average of $67.81 and a two-hundred day simple moving average of $65.01. Dimensional U.S. Targeted Value ETF has a 12 month low of $52.83 and a 12 month high of $70.43. The firm has a market capitalization of $14.07 billion, a PE ratio of 12.39 and a beta of 0.97.

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.