Ariadne Wealth Management LP Makes New Investment in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Ariadne Wealth Management LP purchased a new stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 118,584 shares of the company’s stock, valued at approximately $6,151,000. Dimensional U.S. Targeted Value ETF makes up 3.3% of Ariadne Wealth Management LP’s portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cetera Investment Advisers increased its holdings in Dimensional U.S. Targeted Value ETF by 10.2% during the 2nd quarter. Cetera Investment Advisers now owns 471,716 shares of the company’s stock worth $24,468,000 after purchasing an additional 43,701 shares in the last quarter. Truist Financial Corp lifted its position in shares of Dimensional U.S. Targeted Value ETF by 5.7% during the second quarter. Truist Financial Corp now owns 278,426 shares of the company’s stock worth $14,442,000 after acquiring an additional 14,895 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of Dimensional U.S. Targeted Value ETF by 18.4% in the second quarter. EP Wealth Advisors LLC now owns 1,560,315 shares of the company’s stock worth $80,934,000 after buying an additional 242,751 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Dimensional U.S. Targeted Value ETF by 5.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317,896 shares of the company’s stock worth $16,489,000 after buying an additional 16,337 shares in the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the second quarter worth $26,659,000.

Dimensional U.S. Targeted Value ETF Stock Up 0.3 %

DFAT opened at $55.63 on Tuesday. The business’s fifty day simple moving average is $54.34 and its 200 day simple moving average is $53.24. Dimensional U.S. Targeted Value ETF has a 52 week low of $42.53 and a 52 week high of $58.09. The stock has a market cap of $10.30 billion, a PE ratio of 9.99 and a beta of 1.12.

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.