Park Avenue Securities LLC Purchases 18,548 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Park Avenue Securities LLC boosted its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 15.3% in the first quarter, Holdings Channel reports. The firm owned 140,027 shares of the company’s stock after acquiring an additional 18,548 shares during the period. Park Avenue Securities LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $7,210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in DFAT. Raymond James Financial Inc. bought a new stake in Dimensional U.S. Targeted Value ETF during the fourth quarter worth approximately $69,228,000. Focus Partners Advisor Solutions LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF by 34.4% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 4,820,280 shares of the company’s stock valued at $268,297,000 after acquiring an additional 1,234,171 shares during the period. Elser Financial Planning Inc bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter valued at approximately $39,304,000. Tumwater Wealth Management LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter valued at approximately $30,702,000. Finally, Financial Harvest LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the fourth quarter valued at approximately $22,206,000.

Dimensional U.S. Targeted Value ETF Trading Up 1.3%

Shares of NYSEARCA DFAT opened at $52.82 on Monday. The business has a fifty day simple moving average of $49.99 and a 200 day simple moving average of $53.92. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 13.37 and a beta of 1.05. Dimensional U.S. Targeted Value ETF has a one year low of $44.01 and a one year 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.