Westwood Wealth Management Takes $5.03 Million Position in Dimensional U.S. Targeted Value ETF $DFAT

Westwood Wealth Management bought a new stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 84,545 shares of the company’s stock, valued at approximately $5,034,000. Dimensional U.S. Targeted Value ETF comprises 3.8% of Westwood Wealth Management’s investment portfolio, making the stock its 6th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its position in shares of Dimensional U.S. Targeted Value ETF by 3.8% during the 3rd quarter. Focus Partners Wealth now owns 13,243,500 shares of the company’s stock worth $770,880,000 after purchasing an additional 485,231 shares during the last quarter. Forum Financial Management LP boosted its holdings in Dimensional U.S. Targeted Value ETF by 4.3% during the 3rd quarter. Forum Financial Management LP now owns 9,753,142 shares of the company’s stock valued at $567,730,000 after acquiring an additional 399,577 shares during the period. Index Fund Advisors Inc. increased its stake in Dimensional U.S. Targeted Value ETF by 5.7% during the third quarter. Index Fund Advisors Inc. now owns 6,520,506 shares of the company’s stock worth $379,559,000 after purchasing an additional 349,087 shares during the period. Savant Capital LLC lifted its position in shares of Dimensional U.S. Targeted Value ETF by 0.6% during the third quarter. Savant Capital LLC now owns 4,974,930 shares of the company’s stock worth $289,591,000 after purchasing an additional 29,718 shares in the last quarter. Finally, Pure Financial Advisors LLC boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 7.8% in the third quarter. Pure Financial Advisors LLC now owns 4,959,303 shares of the company’s stock valued at $288,681,000 after purchasing an additional 357,646 shares during the period.

Dimensional U.S. Targeted Value ETF Stock Down 0.5%

Shares of DFAT stock opened at $62.37 on Friday. The firm has a 50 day moving average of $63.98 and a two-hundred day moving average of $60.63. The stock has a market capitalization of $12.74 billion, a PE ratio of 12.39 and a beta of 1.04. Dimensional U.S. Targeted Value ETF has a 52 week low of $44.01 and a 52 week high of $67.46.

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.