SwitchPoint Financial Planning LLC Takes $5.15 Million Position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

SwitchPoint Financial Planning LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 92,475 shares of the company’s stock, valued at approximately $5,147,000. Dimensional U.S. Targeted Value ETF accounts for about 4.9% of SwitchPoint Financial Planning LLC’s holdings, making the stock its 4th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Dimensional U.S. Targeted Value ETF in the 4th quarter valued at about $69,228,000. Elser Financial Planning Inc purchased a new position in Dimensional U.S. Targeted Value ETF in the fourth quarter worth approximately $39,304,000. Tumwater Wealth Management LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF in the 4th quarter valued at approximately $30,702,000. Pure Financial Advisors LLC increased its position in shares of Dimensional U.S. Targeted Value ETF by 12.9% in the 4th quarter. Pure Financial Advisors LLC now owns 4,016,863 shares of the company’s stock valued at $223,579,000 after purchasing an additional 458,509 shares during the last quarter. Finally, Financial Harvest LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the 4th quarter worth $22,206,000.

Dimensional U.S. Targeted Value ETF Trading Down 0.8 %

Shares of DFAT stock opened at $52.86 on Wednesday. Dimensional U.S. Targeted Value ETF has a 12 month low of $50.16 and a 12 month high of $61.75. The company has a market cap of $10.31 billion, a P/E ratio of 13.05 and a beta of 1.05. The firm has a fifty day moving average price of $55.26 and a 200 day moving average price of $56.11.

Dimensional U.S. Targeted Value ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.1614 per share. The ex-dividend date of this dividend is 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.