Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s stock price passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $69.32 and traded as high as $69.85. Dimensional U.S. Targeted Value ETF shares last traded at $69.33, with a volume of 262,563 shares traded.

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

The firm has a market capitalization of $14.29 billion, a price-to-earnings ratio of 12.39 and a beta of 0.99. The company has a 50-day moving average of $69.32 and a 200-day moving average of $67.16.

Institutional Trading of Dimensional U.S. Targeted Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Stevens Capital Partners bought a new stake in shares of Dimensional U.S. Targeted Value ETF during the 1st quarter valued at about $490,000. Henrickson Nauta Wealth Advisors Inc. boosted its stake in Dimensional U.S. Targeted Value ETF by 2.9% in the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 384,676 shares of the company’s stock valued at $26,889,000 after acquiring an additional 10,718 shares during the period. Allworth Financial LP boosted its stake in Dimensional U.S. Targeted Value ETF by 1.3% in the second quarter. Allworth Financial LP now owns 1,060,969 shares of the company’s stock valued at $74,162,000 after acquiring an additional 13,760 shares during the period. Tenet Wealth Partners LLC bought a new position in shares of Dimensional U.S. Targeted Value ETF during the second quarter valued at approximately $643,000. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Dimensional U.S. Targeted Value ETF by 2.5% during the first quarter. Sequoia Financial Advisors LLC now owns 1,373,292 shares of the company’s stock valued at $85,762,000 after purchasing an additional 33,366 shares during the last quarter.

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.