Summit Financial Strategies Inc. Boosts Stock Holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Summit Financial Strategies Inc. raised its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 13.8% during the second quarter, Holdings Channel.com reports. The firm owned 258,965 shares of the company’s stock after purchasing an additional 31,408 shares during the quarter. Dimensional U.S. Targeted Value ETF makes up 1.7% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 15th largest position. Summit Financial Strategies Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $13,433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 4.1% in the fourth quarter. Creative Planning now owns 13,638,740 shares of the company’s stock valued at $713,715,000 after buying an additional 534,891 shares in the last quarter. Forum Financial Management LP lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 2.5% in the fourth quarter. Forum Financial Management LP now owns 9,168,412 shares of the company’s stock valued at $479,783,000 after purchasing an additional 219,728 shares during the period. Savant Capital LLC boosted its holdings in Dimensional U.S. Targeted Value ETF by 6.4% during the fourth quarter. Savant Capital LLC now owns 5,433,256 shares of the company’s stock worth $284,322,000 after buying an additional 325,154 shares in the last quarter. Pure Financial Advisors LLC grew its position in Dimensional U.S. Targeted Value ETF by 33.9% during the second quarter. Pure Financial Advisors LLC now owns 2,760,747 shares of the company’s stock worth $143,200,000 after buying an additional 698,381 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in Dimensional U.S. Targeted Value ETF by 0.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,748,722 shares of the company’s stock valued at $143,841,000 after buying an additional 10,299 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Stock Up 0.4 %

Shares of DFAT traded up $0.23 on Friday, reaching $53.95. The stock had a trading volume of 157,639 shares, compared to its average volume of 243,959. Dimensional U.S. Targeted Value ETF has a twelve month low of $42.53 and a twelve month high of $58.09. The firm has a market capitalization of $9.99 billion, a PE ratio of 9.99 and a beta of 1.12. The firm has a 50-day moving average of $53.04 and a 200 day moving average of $52.55.

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.