Freedom Investment Management Inc. Has $3.27 Million Stake in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Freedom Investment Management Inc. lessened its position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 0.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,685 shares of the company’s stock after selling 460 shares during the period. Freedom Investment Management Inc.’s holdings in Dimensional U.S. Targeted Value ETF were worth $3,265,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth $28,000. Bbjs Financial Advisors LLC bought a new position in Dimensional U.S. Targeted Value ETF during the 2nd quarter worth approximately $30,000. Iron Horse Wealth Management LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF in the 3rd quarter worth approximately $32,000. WealthShield Partners LLC boosted its stake in shares of Dimensional U.S. Targeted Value ETF by 134.2% in the 2nd quarter. WealthShield Partners LLC now owns 712 shares of the company’s stock valued at $37,000 after purchasing an additional 408 shares during the last quarter. Finally, Truvestments Capital LLC bought a new position in Dimensional U.S. Targeted Value ETF during the third quarter worth $40,000.

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

DFAT stock opened at $60.56 on Wednesday. The company’s fifty day simple moving average is $56.37 and its 200 day simple moving average is $54.44. Dimensional U.S. Targeted Value ETF has a 12-month low of $46.36 and a 12-month high of $61.75. The firm has a market cap of $11.21 billion, a price-to-earnings ratio of 9.99 and a beta of 1.12.

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.