Northwestern Mutual Wealth Management Co. Raises Position in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Northwestern Mutual Wealth Management Co. grew its stake in shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 5.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 317,896 shares of the company’s stock after purchasing an additional 16,337 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.17% of Dimensional U.S. Targeted Value ETF worth $16,489,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in DFAT. Rollins Financial boosted its holdings in Dimensional U.S. Targeted Value ETF by 14.3% in the fourth quarter. Rollins Financial now owns 18,829 shares of the company’s stock worth $985,000 after purchasing an additional 2,352 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Dimensional U.S. Targeted Value ETF by 71.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 24,325 shares of the company’s stock valued at $1,273,000 after buying an additional 10,113 shares during the last quarter. Stifel Financial Corp lifted its position in Dimensional U.S. Targeted Value ETF by 41.1% during the fourth quarter. Stifel Financial Corp now owns 127,567 shares of the company’s stock valued at $6,676,000 after purchasing an additional 37,166 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Dimensional U.S. Targeted Value ETF by 683.8% during the 4th quarter. Jones Financial Companies Lllp now owns 16,812 shares of the company’s stock valued at $880,000 after purchasing an additional 14,667 shares during the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in Dimensional U.S. Targeted Value ETF during the 4th quarter valued at about $915,000.

Dimensional U.S. Targeted Value ETF Stock Up 0.3 %

DFAT opened at $55.63 on Tuesday. The stock has a market cap of $10.30 billion, a P/E ratio of 9.99 and a beta of 1.12. Dimensional U.S. Targeted Value ETF has a 52-week low of $42.53 and a 52-week high of $58.09. The business has a fifty day moving average of $54.34 and a 200 day moving average of $53.24.

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.