LJI Wealth Management LLC Cuts Stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

LJI Wealth Management LLC cut its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 7.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,003 shares of the company’s stock after selling 4,426 shares during the quarter. Dimensional U.S. Targeted Value ETF accounts for approximately 0.6% of LJI Wealth Management LLC’s investment portfolio, making the stock its 22nd largest position. LJI Wealth Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $3,115,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DFAT. Pure Financial Advisors LLC lifted its position in Dimensional U.S. Targeted Value ETF by 28.9% in the third quarter. Pure Financial Advisors LLC now owns 3,558,354 shares of the company’s stock worth $197,951,000 after buying an additional 797,607 shares during the last quarter. Creative Planning lifted its position in shares of Dimensional U.S. Targeted Value ETF by 4.1% during the second quarter. Creative Planning now owns 14,250,654 shares of the company’s stock worth $739,182,000 after purchasing an additional 555,638 shares during the last quarter. Elser Financial Planning Inc bought a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth $28,634,000. Magnolia Capital Advisors LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth $26,659,000. Finally, Simplicity Wealth LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth $17,452,000.

Dimensional U.S. Targeted Value ETF Stock Down 0.8 %

Shares of DFAT stock traded down $0.49 on Friday, hitting $58.14. The stock had a trading volume of 204,158 shares, compared to its average volume of 239,453. The business has a 50 day moving average price of $55.64 and a 200 day moving average price of $54.13. The company has a market cap of $10.76 billion, a PE ratio of 9.99 and a beta of 1.12. Dimensional U.S. Targeted Value ETF has a one year low of $45.93 and a one year high of $60.41.

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.