Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Shares Sold by GEM Asset Management LLC

GEM Asset Management LLC reduced its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 27.9% during the 3rd quarter, Holdings Channel reports. The fund owned 4,363 shares of the company’s stock after selling 1,689 shares during the quarter. GEM Asset Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Global Trust Asset Management LLC increased its position in Dimensional U.S. Targeted Value ETF by 2.0% in the 1st quarter. Global Trust Asset Management LLC now owns 10,382 shares of the company’s stock valued at $565,000 after acquiring an additional 200 shares during the period. Brookstone Capital Management increased its position in Dimensional U.S. Targeted Value ETF by 5.2% in the 3rd quarter. Brookstone Capital Management now owns 4,078 shares of the company’s stock valued at $227,000 after acquiring an additional 202 shares during the period. Investmark Advisory Group LLC increased its position in Dimensional U.S. Targeted Value ETF by 0.8% in the 1st quarter. Investmark Advisory Group LLC now owns 37,330 shares of the company’s stock valued at $2,032,000 after acquiring an additional 279 shares during the period. Lam Group Inc. increased its position in Dimensional U.S. Targeted Value ETF by 0.9% in the 1st quarter. Lam Group Inc. now owns 32,010 shares of the company’s stock valued at $1,742,000 after acquiring an additional 301 shares during the period. Finally, Tranquility Partners LLC increased its position in shares of Dimensional U.S. Targeted Value ETF by 7.9% during the 1st quarter. Tranquility Partners LLC now owns 4,596 shares of the company’s stock valued at $250,000 after purchasing an additional 338 shares during the period.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT stock traded down $0.24 during mid-day trading on Thursday, hitting $54.65. 66,015 shares of the stock traded hands, compared to its average volume of 237,761. 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 cap of $10.12 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. The company’s 50-day simple moving average is $54.14 and its 200-day simple moving average is $53.35.

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.