Sax Wealth Advisors LLC Sells 30,601 Shares of Dimensional U.S. Targeted Value ETF $DFAT

Sax Wealth Advisors LLC lessened its stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 757,412 shares of the company’s stock after selling 30,601 shares during the period. Dimensional U.S. Targeted Value ETF comprises approximately 2.1% of Sax Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. Sax Wealth Advisors LLC owned 0.38% of Dimensional U.S. Targeted Value ETF worth $45,096,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFAT. Focus Partners Wealth lifted its stake in Dimensional U.S. Targeted Value ETF by 3.8% during the third quarter. Focus Partners Wealth now owns 13,243,500 shares of the company’s stock worth $770,880,000 after purchasing an additional 485,231 shares in the last quarter. Forum Financial Management LP boosted its position in shares of Dimensional U.S. Targeted Value ETF by 4.3% during the third quarter. Forum Financial Management LP now owns 9,753,142 shares of the company’s stock worth $567,730,000 after buying an additional 399,577 shares during the period. Index Fund Advisors Inc. grew its stake in shares of Dimensional U.S. Targeted Value ETF by 5.7% in the third quarter. Index Fund Advisors Inc. now owns 6,520,506 shares of the company’s stock valued at $379,559,000 after buying an additional 349,087 shares in the last quarter. Savant Capital LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 0.6% in the third quarter. Savant Capital LLC now owns 4,974,930 shares of the company’s stock valued at $289,591,000 after buying an additional 29,718 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its holdings in shares of Dimensional U.S. Targeted Value ETF by 7.8% in the 3rd quarter. Pure Financial Advisors LLC now owns 4,959,303 shares of the company’s stock valued at $288,681,000 after buying an additional 357,646 shares during the period.

Dimensional U.S. Targeted Value ETF Trading Up 0.8%

DFAT opened at $62.69 on Thursday. The stock’s 50-day moving average price is $64.00 and its 200 day moving average price is $60.61. Dimensional U.S. Targeted Value ETF has a 12-month low of $44.01 and a 12-month high of $67.46. The firm has a market cap of $12.81 billion, a price-to-earnings ratio of 12.39 and a beta of 1.04.

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.