Confluence Wealth Services Inc. Buys 39,570 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Confluence Wealth Services Inc. increased its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 13.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 339,318 shares of the company’s stock after purchasing an additional 39,570 shares during the quarter. Dimensional U.S. Targeted Value ETF accounts for 1.3% of Confluence Wealth Services Inc.’s holdings, making the stock its 17th biggest holding. Confluence Wealth Services Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $19,596,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of DFAT. Renaissance Technologies LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the second quarter valued at $695,000. AQR Capital Management LLC raised its position in Dimensional U.S. Targeted Value ETF by 277.6% in the 2nd quarter. AQR Capital Management LLC now owns 32,412 shares of the company’s stock worth $1,681,000 after purchasing an additional 23,828 shares during the period. Sanctuary Advisors LLC bought a new stake in Dimensional U.S. Targeted Value ETF in the second quarter worth about $1,585,000. Pioneer Wealth Management Group boosted its position in shares of Dimensional U.S. Targeted Value ETF by 7.2% during the third quarter. Pioneer Wealth Management Group now owns 98,106 shares of the company’s stock valued at $5,458,000 after buying an additional 6,598 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 13.1% during the third quarter. Dynamic Advisor Solutions LLC now owns 15,301 shares of the company’s stock valued at $851,000 after buying an additional 1,772 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of NYSEARCA DFAT opened at $57.21 on Wednesday. The business’s 50 day moving average price is $57.37 and its 200-day moving average price is $56.12. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $49.60 and a fifty-two week high of $61.75. The company has a market cap of $10.59 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12.

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.