Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Hits New 52-Week High – Should You Buy?

Shares of Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) hit a new 52-week high during trading on Wednesday . The stock traded as high as $63.68 and last traded at $63.8440, with a volume of 29515 shares changing hands. The stock had previously closed at $62.41.

Dimensional U.S. Targeted Value ETF Stock Performance

The stock has a market cap of $12.79 billion, a PE ratio of 12.39 and a beta of 1.04. The business has a 50 day moving average price of $60.20 and a two-hundred day moving average price of $58.24.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Merit Financial Group LLC boosted its stake in Dimensional U.S. Targeted Value ETF by 61.9% during the 3rd quarter. Merit Financial Group LLC now owns 40,251 shares of the company’s stock valued at $2,343,000 after purchasing an additional 15,397 shares during the last quarter. TFO Wealth Partners LLC increased its stake in shares of Dimensional U.S. Targeted Value ETF by 6.6% in the 2nd quarter. TFO Wealth Partners LLC now owns 382,974 shares of the company’s stock worth $20,665,000 after purchasing an additional 23,648 shares in the last quarter. Discipline Wealth Solutions LLC bought a new position in Dimensional U.S. Targeted Value ETF in the 3rd quarter worth $717,000. HB Wealth Management LLC lifted its position in Dimensional U.S. Targeted Value ETF by 531.4% during the third quarter. HB Wealth Management LLC now owns 66,579 shares of the company’s stock valued at $3,876,000 after purchasing an additional 56,034 shares in the last quarter. Finally, Index Fund Advisors Inc. grew its holdings in Dimensional U.S. Targeted Value ETF by 5.7% during the third quarter. Index Fund Advisors Inc. now owns 6,520,506 shares of the company’s stock valued at $379,559,000 after purchasing an additional 349,087 shares during the period.

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.