Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) is Sax Wealth Advisors LLC’s 2nd Largest Position

Sax Wealth Advisors LLC reduced its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 680,563 shares of the company’s stock after selling 4,256 shares during the period. Dimensional U.S. Targeted Value ETF accounts for about 6.3% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Sax Wealth Advisors LLC owned 0.38% of Dimensional U.S. Targeted Value ETF worth $31,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Creative Planning increased its stake in Dimensional U.S. Targeted Value ETF by 7.4% during the second quarter. Creative Planning now owns 13,243,059 shares of the company’s stock worth $614,346,000 after acquiring an additional 910,216 shares during the last quarter. Moneta Group Investment Advisors LLC raised its holdings in Dimensional U.S. Targeted Value ETF by 99,437.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,041,957 shares of the company’s stock valued at $397,394,000 after buying an additional 9,032,873 shares during the period. Forum Financial Management LP lifted its position in Dimensional U.S. Targeted Value ETF by 36.4% during the second quarter. Forum Financial Management LP now owns 8,349,302 shares of the company’s stock valued at $387,324,000 after buying an additional 2,229,349 shares in the last quarter. Savant Capital LLC grew its stake in Dimensional U.S. Targeted Value ETF by 39.3% during the first quarter. Savant Capital LLC now owns 4,690,110 shares of the company’s stock worth $208,710,000 after buying an additional 1,322,543 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Dimensional U.S. Targeted Value ETF by 1.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,230,719 shares of the company’s stock worth $149,873,000 after acquiring an additional 53,479 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Price Performance

NYSEARCA DFAT traded up $0.11 during trading hours on Monday, hitting $46.85. The company had a trading volume of 80,675 shares, compared to its average volume of 315,540. The firm’s 50 day moving average is $45.01 and its 200 day moving average is $45.76. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $41.16 and a fifty-two week high of $50.00. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 8.69 and a beta of 0.94.

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.