Summit Financial Strategies Inc. Acquires 24,461 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Summit Financial Strategies Inc. boosted its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 8.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 312,233 shares of the company’s stock after purchasing an additional 24,461 shares during the quarter. Dimensional U.S. Targeted Value ETF makes up approximately 1.9% of Summit Financial Strategies Inc.’s holdings, making the stock its 15th biggest position. Summit Financial Strategies Inc. owned 0.17% of Dimensional U.S. Targeted Value ETF worth $17,379,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Renaissance Technologies LLC purchased a new position in Dimensional U.S. Targeted Value ETF during the second quarter valued at $695,000. AQR Capital Management LLC boosted its holdings in shares of Dimensional U.S. Targeted Value ETF by 277.6% during the 2nd quarter. AQR Capital Management LLC now owns 32,412 shares of the company’s stock valued at $1,681,000 after purchasing an additional 23,828 shares during the last quarter. Kathmere Capital Management LLC purchased a new position in shares of Dimensional U.S. Targeted Value ETF during the second quarter valued at about $285,000. Annandale Capital LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 35.1% in the second quarter. Annandale Capital LLC now owns 79,436 shares of the company’s stock worth $4,120,000 after purchasing an additional 20,624 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 4.1% in 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 during the last quarter.

Dimensional U.S. Targeted Value ETF Price Performance

NYSEARCA DFAT opened at $57.62 on Monday. Dimensional U.S. Targeted Value ETF has a 1-year low of $49.60 and a 1-year high of $61.75. The business has a 50 day simple moving average of $57.64 and a two-hundred day simple moving average of $55.99. The stock has a market capitalization of $10.67 billion, a PE ratio of 9.99 and a beta of 1.12.

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.