Fifth Third Bancorp Decreases Holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)

Fifth Third Bancorp trimmed its holdings in Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) by 27.9% in the fourth quarter, HoldingsChannel reports. The fund owned 11,889 shares of the company’s stock after selling 4,592 shares during the period. Fifth Third Bancorp’s holdings in Dimensional U.S. Targeted Value ETF were worth $662,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Fortress Wealth Management Inc. raised its position in Dimensional U.S. Targeted Value ETF by 0.5% in the 3rd quarter. Fortress Wealth Management Inc. now owns 36,113 shares of the company’s stock worth $2,009,000 after purchasing an additional 193 shares during the period. Clear Creek Financial Management LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 2.0% in the third quarter. Clear Creek Financial Management LLC now owns 10,079 shares of the company’s stock worth $561,000 after buying an additional 200 shares during the period. Brookstone Capital Management lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 5.2% in the 3rd quarter. Brookstone Capital Management now owns 4,078 shares of the company’s stock valued at $227,000 after acquiring an additional 202 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in Dimensional U.S. Targeted Value ETF by 4.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 5,037 shares of the company’s stock valued at $280,000 after acquiring an additional 209 shares during the period. Finally, tru Independence LLC grew its position in Dimensional U.S. Targeted Value ETF by 5.1% during the 3rd quarter. tru Independence LLC now owns 4,494 shares of the company’s stock worth $250,000 after acquiring an additional 217 shares during the last quarter.

Dimensional U.S. Targeted Value ETF Stock Performance

Shares of DFAT stock opened at $57.53 on Thursday. The company has a market capitalization of $10.65 billion, a P/E ratio of 9.99 and a beta of 1.12. Dimensional U.S. Targeted Value ETF has a fifty-two week low of $49.60 and a fifty-two week high of $61.75. The stock has a 50 day moving average price of $57.61 and a two-hundred day moving average price of $56.06.

Dimensional U.S. Targeted Value ETF Company Profile

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.