Confluence Wealth Services Inc. Buys 39,570 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Confluence Wealth Services Inc. grew its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 13.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 339,318 shares of the company’s stock after purchasing an additional 39,570 shares during the quarter. Dimensional U.S. Targeted Value ETF makes up approximately 1.3% of Confluence Wealth Services Inc.’s portfolio, making the stock its 17th biggest position. Confluence Wealth Services Inc. owned 0.18% of Dimensional U.S. Targeted Value ETF worth $19,596,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SYM FINANCIAL Corp purchased a new stake in Dimensional U.S. Targeted Value ETF during the 4th quarter valued at $30,000. Iron Horse Wealth Management LLC purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the third quarter worth about $32,000. Truvestments Capital LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the third quarter worth about $40,000. Legacy Investment Solutions LLC purchased a new position in Dimensional U.S. Targeted Value ETF during the 3rd quarter valued at about $46,000. Finally, Howe & Rusling Inc. bought a new position in Dimensional U.S. Targeted Value ETF during the 3rd quarter valued at approximately $61,000.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT stock opened at $57.21 on Wednesday. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $49.60 and a fifty-two week high of $61.75. The firm has a market cap of $10.59 billion, a P/E ratio of 9.99 and a beta of 1.12. The business’s 50 day moving average price is $57.37 and its 200-day moving average price is $56.12.

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.