Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 12-Month High – What’s Next?

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) hit a new 52-week high during trading on Wednesday . The company traded as high as $70.43 and last traded at $70.26, with a volume of 48356 shares traded. The stock had previously closed at $69.71.

Dimensional U.S. Targeted Value ETF Stock Up 0.6%

The firm has a 50-day moving average price of $68.03 and a two-hundred day moving average price of $65.26. The company has a market capitalization of $14.36 billion, a P/E ratio of 12.39 and a beta of 0.97.

Institutional Trading of Dimensional U.S. Targeted Value ETF

A number of hedge funds have recently bought and sold shares of DFAT. Focus Partners Wealth increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 0.3% during the 4th quarter. Focus Partners Wealth now owns 13,284,203 shares of the company’s stock worth $790,941,000 after purchasing an additional 40,703 shares during the period. Forum Financial Management LP lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 1.4% in the first quarter. Forum Financial Management LP now owns 10,349,578 shares of the company’s stock valued at $646,331,000 after buying an additional 142,102 shares during the period. Pure Financial Advisors LLC lifted its stake in shares of Dimensional U.S. Targeted Value ETF by 7.5% in the fourth quarter. Pure Financial Advisors LLC now owns 5,330,417 shares of the company’s stock valued at $317,373,000 after buying an additional 371,114 shares during the period. Focus Partners Advisor Solutions LLC grew its position in Dimensional U.S. Targeted Value ETF by 21.0% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 5,294,823 shares of the company’s stock worth $315,254,000 after buying an additional 919,456 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new position in Dimensional U.S. Targeted Value ETF during the fourth quarter valued at about $249,084,000.

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.