Avondale Wealth Management Increases Stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Avondale Wealth Management grew its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,178 shares of the company’s stock after buying an additional 10,612 shares during the period. Dimensional U.S. Targeted Value ETF makes up 5.1% of Avondale Wealth Management’s portfolio, making the stock its 6th biggest position. Avondale Wealth Management owned approximately 0.08% of Dimensional U.S. Targeted Value ETF worth $7,969,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of DFAT. Creative Planning boosted its position in shares of Dimensional U.S. Targeted Value ETF by 4.1% during the second quarter. Creative Planning now owns 14,250,654 shares of the company’s stock worth $739,182,000 after purchasing an additional 555,638 shares in the last quarter. Forum Financial Management LP increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 1.8% in the third quarter. Forum Financial Management LP now owns 8,783,379 shares of the company’s stock worth $488,619,000 after acquiring an additional 154,338 shares in the last quarter. Pure Financial Advisors LLC raised its position in shares of Dimensional U.S. Targeted Value ETF by 28.9% during the third quarter. Pure Financial Advisors LLC now owns 3,558,354 shares of the company’s stock worth $197,951,000 after purchasing an additional 797,607 shares during the period. Asset Dedication LLC raised its position in shares of Dimensional U.S. Targeted Value ETF by 4.3% during the third quarter. Asset Dedication LLC now owns 2,193,323 shares of the company’s stock worth $122,015,000 after purchasing an additional 90,019 shares during the period. Finally, RW Investment Management LLC lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 4.0% during the 2nd quarter. RW Investment Management LLC now owns 1,889,949 shares of the company’s stock valued at $98,032,000 after purchasing an additional 72,224 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

DFAT stock traded down $1.06 during mid-day trading on Friday, hitting $54.54. 90,636 shares of the company were exchanged, compared to its average volume of 289,262. Dimensional U.S. Targeted Value ETF has a 1-year low of $49.18 and a 1-year high of $61.75. The firm’s 50 day simple moving average is $57.90 and its 200 day simple moving average is $55.51. The firm has a market cap of $10.10 billion, a P/E ratio of 9.99 and a beta of 1.12.

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.