Adero Partners LLC Lowers Position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Adero Partners LLC lessened its stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 287,988 shares of the company’s stock after selling 5,520 shares during the quarter. Dimensional U.S. Targeted Value ETF makes up about 1.0% of Adero Partners LLC’s holdings, making the stock its 20th largest position. Adero Partners LLC owned approximately 0.16% of Dimensional U.S. Targeted Value ETF worth $16,029,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Renaissance Technologies LLC bought a new stake in Dimensional U.S. Targeted Value ETF in the 2nd quarter worth about $695,000. AQR Capital Management LLC boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 277.6% in the 2nd quarter. AQR Capital Management LLC now owns 32,412 shares of the company’s stock worth $1,681,000 after buying an additional 23,828 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF in the second quarter valued at approximately $1,585,000. Dynamic Advisor Solutions LLC increased its position in shares of Dimensional U.S. Targeted Value ETF by 13.1% during the third quarter. Dynamic Advisor Solutions LLC now owns 15,301 shares of the company’s stock valued at $851,000 after acquiring an additional 1,772 shares during the last quarter. Finally, Brookstone Capital Management lifted its holdings in Dimensional U.S. Targeted Value ETF by 5.2% during the third quarter. Brookstone Capital Management now owns 4,078 shares of the company’s stock worth $227,000 after acquiring an additional 202 shares during the period.

Dimensional U.S. Targeted Value ETF Trading Up 0.7 %

DFAT stock opened at $57.62 on Thursday. The stock has a market cap of $10.67 billion, a P/E ratio of 9.99 and a beta of 1.12. The stock’s fifty day simple moving average is $57.32 and its two-hundred day simple moving average is $56.13. Dimensional U.S. Targeted Value ETF has a 1-year low of $49.71 and a 1-year high of $61.75.

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.