Meritas Wealth Management LLC Cuts Stock Position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Meritas Wealth Management LLC cut its position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 1.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 436,649 shares of the company’s stock after selling 8,084 shares during the period. Dimensional U.S. Targeted Value ETF accounts for 13.2% of Meritas Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Meritas Wealth Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $22,483,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DFAT. Brighton Jones LLC grew its stake in Dimensional U.S. Targeted Value ETF by 22.3% in the 4th 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 last quarter. Life Planning Partners Inc acquired a new stake in shares of Dimensional U.S. Targeted Value ETF during the 4th quarter worth approximately $5,964,000. Rooted Wealth Advisors Inc. lifted its stake in Dimensional U.S. Targeted Value ETF by 12.9% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 56,288 shares of the company’s stock valued at $3,134,000 after purchasing an additional 6,414 shares during the last quarter. Center for Financial Planning Inc. lifted its stake in Dimensional U.S. Targeted Value ETF by 27.0% in the 4th quarter. Center for Financial Planning Inc. now owns 2,667 shares of the company’s stock valued at $148,000 after purchasing an additional 567 shares during the last quarter. Finally, Maryland Capital Advisors Inc. lifted its stake in Dimensional U.S. Targeted Value ETF by 20.6% in the 4th quarter. Maryland Capital Advisors Inc. now owns 44,192 shares of the company’s stock valued at $2,460,000 after purchasing an additional 7,562 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

DFAT stock opened at $52.54 on Friday. The company has a fifty day moving average price of $50.55 and a 200-day moving average price of $53.76. The company has a market capitalization of $10.35 billion, a P/E ratio of 13.37 and a beta of 1.05. Dimensional U.S. Targeted Value ETF has a 52-week low of $44.01 and a 52-week high of $61.75.

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.