33,532 Shares in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Purchased by Verus Wealth Management LLC

Verus Wealth Management LLC purchased a new position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) in the 4th quarter, HoldingsChannel reports. The firm purchased 33,532 shares of the company’s stock, valued at approximately $1,866,000. Dimensional U.S. Targeted Value ETF comprises approximately 2.1% of Verus Wealth Management LLC’s portfolio, making the stock its 13th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of Dimensional U.S. Targeted Value ETF by 13.2% during the third quarter. JPMorgan Chase & Co. now owns 259,750 shares of the company’s stock valued at $14,450,000 after acquiring an additional 30,351 shares in the last quarter. FMR LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 12.6% during the third quarter. FMR LLC now owns 20,950 shares of the company’s stock valued at $1,165,000 after buying an additional 2,349 shares during the last quarter. Summit Trail Advisors LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 24.5% during the third quarter. Summit Trail Advisors LLC now owns 17,382 shares of the company’s stock valued at $967,000 after buying an additional 3,424 shares during the last quarter. SC&H Financial Advisors Inc. grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 3.8% during the third quarter. SC&H Financial Advisors Inc. now owns 75,063 shares of the company’s stock valued at $4,176,000 after buying an additional 2,735 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Dimensional U.S. Targeted Value ETF in the third quarter valued at $6,259,000.

Dimensional U.S. Targeted Value ETF Stock Performance

NYSEARCA:DFAT opened at $57.60 on Wednesday. Dimensional U.S. Targeted Value ETF has a one year low of $49.60 and a one year high of $61.75. The firm has a market cap of $10.66 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. The firm’s fifty day moving average is $57.63 and its two-hundred day moving average is $56.05.

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.