Truist Financial Corp Raises Position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Truist Financial Corp grew its position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 234,301 shares of the company’s stock after acquiring an additional 16,374 shares during the period. Truist Financial Corp’s holdings in Dimensional U.S. Targeted Value ETF were worth $12,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pioneer Wealth Management Group lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 59.9% in the fourth quarter. Pioneer Wealth Management Group now owns 57,606 shares of the company’s stock valued at $3,015,000 after purchasing an additional 21,580 shares during the period. SC&H Financial Advisors Inc. lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 0.6% in the fourth quarter. SC&H Financial Advisors Inc. now owns 67,509 shares of the company’s stock valued at $3,533,000 after purchasing an additional 433 shares during the period. Cook Wealth Management Group LLC acquired a new stake in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter valued at about $10,661,000. Confluence Wealth Services Inc. lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 131.7% in the fourth quarter. Confluence Wealth Services Inc. now owns 137,110 shares of the company’s stock valued at $7,175,000 after purchasing an additional 77,924 shares during the period. Finally, Brookstone Capital Management acquired a new stake in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter valued at about $240,000.

Dimensional U.S. Targeted Value ETF Stock Up 0.2 %

Shares of NYSEARCA DFAT opened at $51.21 on Thursday. Dimensional U.S. Targeted Value ETF has a 52 week low of $41.16 and a 52 week high of $54.64. The firm has a 50-day moving average price of $52.18 and a 200 day moving average price of $49.94. The stock has a market capitalization of $9.47 billion, a price-to-earnings ratio of 9.58 and a beta of 0.94.

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.