Peirce Capital Management LLC Cuts Stake in Dimensional U.S. Targeted Value ETF $DFAT

Peirce Capital Management LLC reduced its position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,641 shares of the company’s stock after selling 490 shares during the quarter. Dimensional U.S. Targeted Value ETF comprises approximately 0.4% of Peirce Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. Peirce Capital Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $1,006,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AdvisorNet Financial Inc lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 5.9% during the first quarter. AdvisorNet Financial Inc now owns 3,984 shares of the company’s stock worth $205,000 after buying an additional 221 shares during the period. Verus Wealth Management LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 0.9% during the first quarter. Verus Wealth Management LLC now owns 33,818 shares of the company’s stock worth $1,741,000 after buying an additional 286 shares during the period. Mutual Advisors LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 0.8% during the first quarter. Mutual Advisors LLC now owns 37,148 shares of the company’s stock worth $1,822,000 after buying an additional 313 shares during the period. Sigma Planning Corp lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 0.9% during the first quarter. Sigma Planning Corp now owns 38,068 shares of the company’s stock worth $1,960,000 after buying an additional 349 shares during the period. Finally, SageView Advisory Group LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 2.0% during the first quarter. SageView Advisory Group LLC now owns 18,935 shares of the company’s stock worth $975,000 after buying an additional 372 shares during the period.

Dimensional U.S. Targeted Value ETF Trading Down 1.4%

NYSEARCA:DFAT opened at $58.86 on Monday. Dimensional U.S. Targeted Value ETF has a 12 month low of $44.01 and a 12 month high of $61.75. The firm has a fifty day simple moving average of $56.66 and a 200-day simple moving average of $53.22. The company has a market capitalization of $11.66 billion, a P/E ratio of 12.39 and a beta of 0.94.

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.