Ariadne Wealth Management LP Acquires Shares of 118,584 Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Ariadne Wealth Management LP purchased a new position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 118,584 shares of the company’s stock, valued at approximately $6,151,000. Dimensional U.S. Targeted Value ETF comprises about 3.3% of Ariadne Wealth Management LP’s holdings, making the stock its 5th largest holding. Ariadne Wealth Management LP owned approximately 0.06% of Dimensional U.S. Targeted Value ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Dimensional U.S. Targeted Value ETF in the second quarter valued at approximately $28,000. Bbjs Financial Advisors LLC bought a new stake in shares of Dimensional U.S. Targeted Value ETF in the second quarter worth $30,000. WealthShield Partners LLC raised its holdings in Dimensional U.S. Targeted Value ETF by 134.2% during the second quarter. WealthShield Partners LLC now owns 712 shares of the company’s stock worth $37,000 after acquiring an additional 408 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF in the second quarter valued at $46,000. Finally, EdgeRock Capital LLC acquired a new position in shares of Dimensional U.S. Targeted Value ETF during the 2nd quarter worth about $109,000.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT opened at $55.63 on Tuesday. The firm’s 50-day simple moving average is $54.34 and its 200 day simple moving average is $53.24. Dimensional U.S. Targeted Value ETF has a 52 week low of $42.53 and a 52 week high of $58.09. The firm has a market cap of $10.30 billion, a P/E 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.