Tortoise Investment Management LLC Sells 1,220 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Tortoise Investment Management LLC trimmed its position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 27.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,271 shares of the company’s stock after selling 1,220 shares during the period. Tortoise Investment Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $182,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Pure Financial Advisors LLC raised its stake in shares of Dimensional U.S. Targeted Value ETF by 12.9% during the fourth quarter. Pure Financial Advisors LLC now owns 4,016,863 shares of the company’s stock valued at $223,579,000 after acquiring an additional 458,509 shares during the last quarter. Asset Dedication LLC raised its stake in shares of Dimensional U.S. Targeted Value ETF by 4.2% during the fourth quarter. Asset Dedication LLC now owns 2,284,569 shares of the company’s stock valued at $127,159,000 after acquiring an additional 91,246 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of Dimensional U.S. Targeted Value ETF by 18.5% during the third quarter. EP Wealth Advisors LLC now owns 1,848,655 shares of the company’s stock valued at $102,841,000 after acquiring an additional 288,340 shares during the last quarter. Abacus Wealth Partners LLC raised its stake in shares of Dimensional U.S. Targeted Value ETF by 11.1% during the fourth quarter. Abacus Wealth Partners LLC now owns 1,322,095 shares of the company’s stock valued at $73,588,000 after acquiring an additional 132,428 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Dimensional U.S. Targeted Value ETF during the fourth quarter valued at about $69,228,000.

Dimensional U.S. Targeted Value ETF Trading Down 2.4 %

Shares of NYSEARCA:DFAT opened at $51.52 on Tuesday. 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 50-day moving average price of $56.05 and a 200-day moving average price of $56.33. The company has a market cap of $10.08 billion, a price-to-earnings ratio of 13.23 and a beta of 1.05.

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.