Phillips Financial Management LLC Purchases 144,088 Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Phillips Financial Management LLC boosted its position in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 32.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 592,559 shares of the company’s stock after acquiring an additional 144,088 shares during the period. Dimensional U.S. Targeted Value ETF makes up approximately 2.6% of Phillips Financial Management LLC’s holdings, making the stock its 11th largest holding. Phillips Financial Management LLC’s holdings in Dimensional U.S. Targeted Value ETF were worth $32,982,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Dimensional U.S. Targeted Value ETF by 13.2% during the third quarter. JPMorgan Chase & Co. now owns 259,750 shares of the company’s stock valued at $14,450,000 after acquiring an additional 30,351 shares during the period. FMR LLC increased its stake in Dimensional U.S. Targeted Value ETF by 12.6% during the third quarter. FMR LLC now owns 20,950 shares of the company’s stock valued at $1,165,000 after acquiring an additional 2,349 shares during the period. Summit Trail Advisors LLC increased its stake in Dimensional U.S. Targeted Value ETF by 24.5% during the third quarter. Summit Trail Advisors LLC now owns 17,382 shares of the company’s stock valued at $967,000 after acquiring an additional 3,424 shares during the period. Hill Investment Group Partners LLC increased its stake in Dimensional U.S. Targeted Value ETF by 0.3% during the third quarter. Hill Investment Group Partners LLC now owns 638,280 shares of the company’s stock valued at $32,820,000 after acquiring an additional 1,856 shares during the period. Finally, WorthPointe LLC increased its stake in Dimensional U.S. Targeted Value ETF by 1.0% during the third quarter. WorthPointe LLC now owns 49,236 shares of the company’s stock valued at $2,739,000 after acquiring an additional 481 shares during the period.

Dimensional U.S. Targeted Value ETF Trading Down 0.1 %

NYSEARCA DFAT opened at $51.22 on Thursday. The stock’s 50 day moving average is $55.87 and its two-hundred day moving average is $56.26. The company has a market capitalization of $10.02 billion, a price-to-earnings ratio of 13.23 and a beta of 1.05. Dimensional U.S. Targeted Value ETF has a 1-year low of $50.16 and a 1-year 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.