Truepoint Inc. Increases Position in Dimensional U.S. Targeted Value ETF $DFAT

Truepoint Inc. increased its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 5.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,535,250 shares of the company’s stock after buying an additional 73,811 shares during the quarter. Dimensional U.S. Targeted Value ETF comprises about 2.1% of Truepoint Inc.’s holdings, making the stock its 15th largest position. Truepoint Inc. owned approximately 0.77% of Dimensional U.S. Targeted Value ETF worth $82,842,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC grew its stake in shares of Dimensional U.S. Targeted Value ETF by 1.4% in the 2nd quarter. Apollon Wealth Management LLC now owns 17,131 shares of the company’s stock valued at $924,000 after purchasing an additional 230 shares during the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Dimensional U.S. Targeted Value ETF by 1.8% during the second quarter. Silver Oak Securities Incorporated now owns 14,973 shares of the company’s stock worth $808,000 after purchasing an additional 258 shares during the period. US Bancorp DE grew its position in Dimensional U.S. Targeted Value ETF by 0.6% in the 2nd quarter. US Bancorp DE now owns 46,843 shares of the company’s stock valued at $2,528,000 after buying an additional 258 shares during the last quarter. LongView Wealth Management increased its stake in Dimensional U.S. Targeted Value ETF by 2.4% in the 2nd quarter. LongView Wealth Management now owns 12,900 shares of the company’s stock valued at $696,000 after buying an additional 300 shares during the period. Finally, Tranquility Partners LLC raised its position in Dimensional U.S. Targeted Value ETF by 5.5% during the 2nd quarter. Tranquility Partners LLC now owns 5,722 shares of the company’s stock worth $309,000 after buying an additional 300 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

DFAT stock opened at $56.94 on Friday. Dimensional U.S. Targeted Value ETF has a one year low of $44.01 and a one year high of $61.75. The company has a fifty day moving average of $57.91 and a 200-day moving average of $55.62. The stock has a market capitalization of $11.36 billion, a PE ratio of 12.39 and a beta of 1.04.

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.