M.E. Allison & CO. Inc. Acquires Shares of 7,050 Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

M.E. Allison & CO. Inc. acquired a new stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,050 shares of the company’s stock, valued at approximately $392,000.

A number of other institutional investors have also recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new position in shares of Dimensional U.S. Targeted Value ETF during the 2nd quarter worth $862,000. Renaissance Technologies LLC purchased a new stake in Dimensional U.S. Targeted Value ETF during the 2nd quarter worth about $695,000. Summit Trail Advisors LLC purchased a new stake in Dimensional U.S. Targeted Value ETF during the 2nd quarter worth about $724,000. Great Oak Capital Partners LLC lifted its holdings in Dimensional U.S. Targeted Value ETF by 13.1% during the 2nd quarter. Great Oak Capital Partners LLC now owns 1,183,352 shares of the company’s stock worth $61,996,000 after purchasing an additional 136,838 shares in the last quarter. Finally, RW Investment Management LLC lifted its holdings in Dimensional U.S. Targeted Value ETF by 4.0% during the 2nd quarter. RW Investment Management LLC now owns 1,889,949 shares of the company’s stock worth $98,032,000 after purchasing an additional 72,224 shares in the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT opened at $57.37 on Monday. The stock’s 50-day simple moving average is $57.78 and its 200 day simple moving average is $55.77. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12. Dimensional U.S. Targeted Value ETF has a 52-week low of $49.34 and a 52-week 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.