Envestnet Asset Management Inc. Sells 115,015 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Envestnet Asset Management Inc. cut its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,942,931 shares of the company’s stock after selling 115,015 shares during the period. Envestnet Asset Management Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $108,144,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. raised its stake in Dimensional U.S. Targeted Value ETF by 2.8% during the 4th quarter. Valmark Advisers Inc. now owns 6,855 shares of the company’s stock worth $382,000 after buying an additional 184 shares during the period. Frazier Financial Advisors LLC raised its position in shares of Dimensional U.S. Targeted Value ETF by 5.4% during the fourth quarter. Frazier Financial Advisors LLC now owns 3,789 shares of the company’s stock worth $210,000 after purchasing an additional 194 shares during the period. LJI Wealth Management LLC lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 0.4% during the 4th quarter. LJI Wealth Management LLC now owns 56,245 shares of the company’s stock valued at $3,131,000 after purchasing an additional 242 shares in the last quarter. Claris Advisors LLC MO grew its position in shares of Dimensional U.S. Targeted Value ETF by 0.3% in the 4th quarter. Claris Advisors LLC MO now owns 80,881 shares of the company’s stock valued at $4,502,000 after purchasing an additional 261 shares during the period. Finally, Grand Wealth Management LLC increased its stake in Dimensional U.S. Targeted Value ETF by 1.6% during the 4th quarter. Grand Wealth Management LLC now owns 18,278 shares of the company’s stock worth $1,017,000 after purchasing an additional 281 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT stock opened at $45.91 on Tuesday. Dimensional U.S. Targeted Value ETF has a 52 week low of $44.06 and a 52 week high of $61.75. The company’s 50 day moving average price is $53.97 and its two-hundred day moving average price is $55.89. The company has a market capitalization of $9.05 billion, a P/E ratio of 12.09 and a beta of 1.05.

Dimensional U.S. Targeted Value ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a $0.1614 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.