Parkworth Wealth Management Inc. Purchases New Stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Parkworth Wealth Management Inc. bought a new position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) in the fourth quarter, Holdings Channel.com reports. The firm bought 81,718 shares of the company’s stock, valued at approximately $4,548,000. Dimensional U.S. Targeted Value ETF accounts for 3.8% of Parkworth Wealth Management Inc.’s holdings, making the stock its 8th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC raised its stake in Dimensional U.S. Targeted Value ETF by 1.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 798,090 shares of the company’s stock valued at $44,422,000 after purchasing an additional 14,397 shares in the last quarter. Cascade Financial Partners LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 3.2% in the fourth quarter. Cascade Financial Partners LLC now owns 38,556 shares of the company’s stock worth $2,146,000 after purchasing an additional 1,210 shares during the last quarter. Claris Advisors LLC MO grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 0.3% in the fourth quarter. Claris Advisors LLC MO now owns 80,881 shares of the company’s stock worth $4,502,000 after purchasing an additional 261 shares during the last quarter. Independent Advisor Alliance purchased a new position in Dimensional U.S. Targeted Value ETF during the 4th quarter valued at $230,000. Finally, Altiora Financial Group LLC increased its position in Dimensional U.S. Targeted Value ETF by 12.2% during the 4th quarter. Altiora Financial Group LLC now owns 233,060 shares of the company’s stock valued at $12,972,000 after purchasing an additional 25,383 shares during the period.

Dimensional U.S. Targeted Value ETF Price Performance

NYSEARCA:DFAT opened at $51.25 on Wednesday. The firm’s 50-day moving average price is $55.96 and its 200-day moving average price is $56.30. The company has a market capitalization of $10.03 billion, a PE ratio of 13.23 and a beta of 1.05. Dimensional U.S. Targeted Value ETF has a 1-year low of $50.16 and a 1-year high of $61.75.

Dimensional U.S. Targeted Value ETF Company 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.