Highland Investment Advisors LLC Buys Shares of 134,493 Dimensional U.S. Targeted Value ETF $DFAT

Highland Investment Advisors LLC purchased a new stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 134,493 shares of the company’s stock, valued at approximately $9,401,000. Dimensional U.S. Targeted Value ETF accounts for 4.1% of Highland Investment Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Highland Investment Advisors LLC owned about 0.07% of Dimensional U.S. Targeted Value ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DFAT. Brighton Jones LLC lifted its stake in Dimensional U.S. Targeted Value ETF by 22.3% in the fourth quarter. Brighton Jones LLC now owns 20,802 shares of the company’s stock valued at $1,158,000 after buying an additional 3,799 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the 1st quarter worth about $1,376,000. NewEdge Advisors LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 1.4% during the 2nd quarter. NewEdge Advisors LLC now owns 99,098 shares of the company’s stock worth $5,347,000 after buying an additional 1,393 shares during the period. Sei Investments Co. bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the 2nd quarter valued at about $703,000. Finally, Main Street Financial Solutions LLC increased its stake in shares of Dimensional U.S. Targeted Value ETF by 1.4% in the 2nd quarter. Main Street Financial Solutions LLC now owns 41,952 shares of the company’s stock valued at $2,264,000 after acquiring an additional 576 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Price Performance

Shares of NYSEARCA:DFAT opened at $71.82 on Friday. The company has a market capitalization of $14.69 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97. The firm’s 50 day simple moving average is $70.90 and its 200 day simple moving average is $67.42. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $55.12 and a fifty-two week high of $72.81.

Dimensional U.S. Targeted Value ETF 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.